Reports released today by PayPal suggest that 2016 will mark the tipping point for mobile payments in the UK, when consumers will be able to purchase everyday items using their mobile phones. These findings were based on surveys conducted by Forrester Consulting with 10 senior executives from major UK retailers and other businesses, representing a combined 2010 turnover of £85 billion.
This news has significant implications for high streets across the UK. It is thought that the use of mobile commerce will invigorate profits for UK retailers. The added convenience for consumers could increase sales, and the process would move us even closer to having a ‘cashless society’.
Reports released today by PayPal suggest that 2016 will mark the tipping point for mobile payments in the UK, when consumers will be able to purchase everyday items using their mobile phones. These findings were based on surveys conducted by Forrester Consulting with 10 senior executives from major UK retailers and other businesses, representing a combined 2010 turnover of £85 billion.
This news has significant implications for high streets across the UK. It is thought that the use of mobile commerce will invigorate profits for UK retailers. The added convenience for consumers could increase sales, and the process would move us even closer to having a ‘cashless society’.
Reports released today by PayPal suggest that 2016 will mark the tipping point for mobile payments in the UK, when consumers will be able to purchase everyday items using their mobile phones. These findings were based on surveys conducted by Forrester Consulting with 10 senior executives from major UK retailers and other businesses, representing a combined 2010 turnover of £85 billion.
This news has significant implications for high streets across the UK. It is thought that the use of mobile commerce will invigorate profits for UK retailers. The added convenience for consumers could increase sales, and the process would move us even closer to having a ‘cashless society’.