Always in hands, purses or back pockets, consumers have made their mobile phones the Swiss Army Knife of the digital age. As smartphone penetration climbs to 54% in Canada, consumers are relying on their devices to provide utility and perform daily tasks.
The introduction of preliminary technologies like mobile payment chips and wallets has created a demand among consumers to handle all payments and credit cards right from their screen. Making payments easier and faster, 47% of Canadian smartphone owners would consider using their phone to make a payment. JUICE Mobile’s latest infographic explores the landscape of mobile payment apps and technologies in Canada and their ability to expand in the near future.