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Mobile payments are Trusted More in Developed Economies – Except Canada!

Concerns about things going wrong while making payments on our smartphones are generally higher in developing and mobile-first economies than in more-developed economies, according to MEF survey data from 13 markets. However, there was an interesting outlier in each segment! In the developing world, users in India are much less concerned that payment details would be either stolen or authorised without approval, while the opposite was true in Canada.