Source: investopedia.com
Paym plans to launch on Tuesday, however, many consumers are saying that they do not plan on using the app, according to a survey.
A Chase executive said that in order to win mobile payments, banks need to offer incentives.
The company isn't planning on any initiatives anytime soon, however, the company president does believe that they are becoming less skeptic about NFC.
The mobile app will allow online business owners to view how customers interact on a website.
It is possible that Apple may position itself as a direct competitor to eBay's PayPal.
The volume of peer-to-peer payments has grown to over $1 trillion.
The Baidu Wallet provides money transfers, payments and wealth management services.
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