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Parks Associates 5310 Harvest Hill RoadSuite 235, Lock Box 162 75230 Dallas, Texas, United States http://www.parksassociates.com
Contact Ms Holly Sprague +49 721 7209876614
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Parks Associates

Only 15% of smart watch owners use their watch to make a mobile payment

IoT research firm to present to discuss convergence between wearables and mobile payments at Wearable Technology Show, October 4-5

(PresseBox) (Dallas, Texas, )
Parks Associates announced new research today showing only 19% of U.S. smartphone owners and 15% of smart watch owners have used a mobile payment app. Analyst Chris Tweedt will discuss this IoT firm's mobile payment and wearables research at the Wearable Technology Show this week in Santa Clara, California.

"Low merchant adoption is the main reason consumers do not use the technology. Adoption of a payment solution requires both merchant and consumer adoption," Tweedt said. "Devices like the Apple Watch will be game changers for the future of e-payments for both payment providers and retailers."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.