Consumers Slow To Adopt Mobile Wallets

Dec. 21, 2012

While the launch of Google Wallet and Isis mobile wallet created a lot of talk about how fast consumers would switch to using their cell phones as wallets, the technology is slow to be adopted, according to Credit Union Times. A personal finance consultant and CEO of cites lingering security concerns as well as immature infrastructure as some of the reasons mobile wallets haven't seen widespread use. Full article.