Mobile Payment Platforms How Artificial Intelligence Paves The Way

Mobile phones are still a huge deal in the tech and business worlds. According to a recent survey by Deloitte, about 89% of American smartphone users typically look at their phones within an hour of waking up. These users go on to look at their phones over 12 billion times collectively during the day, presenting a world of opportunity for businesses as illustrated in this infographic from the telco, Ooma. And as more consumers remain hooked up to their phones, mobile payment platforms continue to show unmetered growth, with many new providers taking advantage of tech innovations to make their mark in an overcrowded field. By the end of 2015, there were over 100 mobile payment providers in the US alone, with that number expected to have grown in recent times.