emarketer

Mobile Payments Series: China

In China, mobile payments have made large inroads thanks to rapid smartphone adoption and the absence of alternative payment methods.This year, we expect 525.1 million people in the country will use mobile payments, making up 45.2% of the population. That’s an increase of 13.2% from a year prior.

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Are People in Germany Using Mobile Payments?

The cash culture in Germany is holding back mobile payment adoption in the country. Many people are comfortable paying with cash and don’t see any significant benefits to changing their habits, especially older generations. This year, we expect 5.8 million people in the country will use proximity mobile payments, making up 8.0% of the population.

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The Mobile Payments Series: The UK

What’s holding back adoption? Primarily, contactless credit cards. Paying with a contactless credit card is a mainstream payment option that people have been comfortable using for a long time, said Christopher Bendtsen, senior forecasting analyst at eMarketer.

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What Is Blockchain’s Biggest Barrier? 

Companies are afraid of violating securities laws here in the US, Gombert said. Law firms are giving faulty advice. Many crypto and blockchain companies are domiciling overseas in countries that are more crypto friendly.

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