Canadian Mobile Payments Adoption Ranks Second in the World

Mobile payments are set to go mainstream in the next one to four years and Canada is one of the leaders on this front.
MasterCard recently revealed the MasterCard Mobile Payment Readiness Index, which analyzed the state and adoption of mobile payments across 34 countries worldwide. The Index takes into account three types of mobile payments, which are person to person (P2P), mobile e-commerce (m-commerce), and mobile payments at the point of sale (POS). It also looks at consumer readiness, environment, financial services, infrastructure, mobile commerce clusters, and regulation.
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