How mobile payments are already mainstream

There's a perception that mobile payment technology is still years away, but if you look around the globe, it's closer to being mainstream than you would think.

If you believe the pundits, mobile payments are years away from being mainstream. But that’s not at all an accurate assessment of the state of the industry.

Firstly, a mobile payment can be many things. There are seven primary models for mobile-enabled payments:


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