Shopping on your smartphone may be more convenient than visiting a brick-and-mortar retailer, but it could also cause you to spend more than you would otherwise, according to a new study published in the Journal of Retailing.
Even though a recent FICO survey revealed that millennials are more likely to use mobile wallets than other age groups, I’m perfectly happy swiping my old-fashioned plastic cards. Here’s why:
Millions of people have made purchases at Starbucks using just their smartphones, the coffee mega-retailer said.
That announcement on March 23 — perhaps our strong indication yet of people’s appetites for using mobile payments to buy everyday items — made headlines, but it’s just the latest example of the continued mainstreaming of mobile payments.