Published on by Digitally Squared

It’s safe to say that most of us understand mobile payments. When once we had to exchange cash or fumble with credit cards, now we’re able to pay using the device already in our hands – our mobile phones. According to the Mobile Payments Readiness Index by MasterCard, Singapore is the most mobile payment-ready nation in the world, taking the lead against the United States of America (third) and China (tenth).

Here’s a graphic from Citigroup Inc. showing below on how mobile below that payments will impact us. If the pace of innovation is anything to go by, there will be more to come.

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