Thursday 29 November 2018

Adoption of mobile payment shifts consumer spending patterns, habits

(University of Illinois at Urbana-Champaign) Paying for goods with a smartphone not only increases the overall transaction amount and frequency of purchases by consumers, it also effectively replaces the actual, physical credit cards in their wallets, said Yuqian Xu, a professor of business administration at the Gies College of Business at Illinois.

from EurekAlert! - Social and Behavioral Science https://ift.tt/2Qtjxeq

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