Summary
Mobile wallets have emerged as a subject of much discussion, with startups, mobile operators, financial powerhouses, and major retailers racing to test the waters. Although the mobile wallet marketplace is still in its infancy, players across the ecosystem are vying for influence and consumer trust. Trust is often based on prior experiences. Nearly half of current US PayPal users would trust PayPal as their mobile wallet provider; however, for those who don't use PayPal, the most trusted source is a bank or credit card issuer.
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