By Joe Fedewa
Using a phone or watch to pay at a terminal is not new. iPhones and Android devices have both been able to do it for a long time. So why is the U.S. still lagging behind with mobile payments?
In other parts of the world, such as China, nearly 90% of people use mobile payments. That’s more than double the U.S., but adoption is not the only problem. The infrastructure for mobile payments in the U.S. is just not there yet.
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