Data Drivers

Has Mobile Flattened The Payments World?

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Synopsis

Can you hear us now? There are now over 5 billion mobile phones on Earth – and what they’re being used for varies about as much as culture itself. For this week’s Data Drivers, Vijay Sondhi, CEO at NMI talks with Karen Webster about why mobile payments leapfrogged cards in China, while Australians shrugged off Apple Pay in favor of contactless cards. It's all about consumer habits, Sondhi notes, when it comes to what really makes for a better experience.