Half of consumers in mature markets including North America, Japan and parts of Western Europe expect to be using smartphones or wearables to make payments by 2018, research from Gartner shows. “Any mobile payment wallets that are tied to the device will have limited adoption,” says the firm’s Annette Jump. “Cloud-based solutions will have a better chance to succeed as they can reach a wider audience and can support many use cases beyond face-to-face or in-store options.”

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