Facts and Figures: Are Mobile Payments Reaching Critical Mass?

Discover Network and Mercator Advisory Group have brought us a treasure trove of data on U.S. consumer trends.

We’re taking a look at the facts and figures regarding wearable payment technology, merchant mobile apps, and the consumer uptake of mobile point of sale systems.

Taken together, these infographics suggest that U.S. consumers are becoming increasingly aware of mobile payment options, while at the same time, payment providers must make a greater push to educate both merchants and consumers about the drastic changes and innovations in payment technology.