After several years of being on the verge of eruption, mobile commerce is finally hitting mainstream, but not necessarily for the reasons that you might think.
The technology behind mCommerce (i.e. NFC, tokenization, etc.) has existed for many years, but adoption has been slow. There have been set backs, data breeches, and lack of interest from the consumer.
Setback: September 2012 – Apple announces iPhone 5 without NFC chip
Data Breach: December 2013 – Target’s system is hacked and credit and debit information is stolen.
Lack of Consumer Interest: From the consumer perspective, making