Google Pay: Consumers Still Wary
It is all about the digital wallet right now. Apple is trying to get their users to pay their bills using their Apple Pay, while Google is trying to convince their users to use their Google Wallet. There is also speculation that Samsung will be introducing their own Wallet soon after reports for them acquiring LoopPay.
To compete with all the other digital wallet, Google has announced that they have already acquired the technology and intellectual property from Softcard, adding that users will be seeing these new technology on the next updated version of the Google Wallet
Although new reports suggest that smart device users are now more willing to use their mobile devices to make payments, a report by Walker Sands also showed that a huge percentage of users are still not that comfortable with the idea of paying with their mobile devices. How about you? How comfortable are you with mobile payment?