Trend Report

Disrupting Finance: Digital Wallets

Digital Wallets Compete For Market Share, But Consumer Adoption Will Be Slower Than You Think

Jacob Morgan
 and  six contributors
Apr 07, 2016

Summary

Where, with whom, and how much customers spend is a treasure trove of profitable data currently held by banks and a handful of card networks worldwide. The past few years have seen the emergence of increasingly capable digital wallets that integrate payments, offers, loyalty programs, enhanced product information, and identity management. Delivering contextually relevant services to customers' fingertips, digital wallets will change how customers shop. Successful digital wallet operators threaten to come between banks and their consumer and merchant customers. eBusiness and channel strategy professionals should read this report to learn who the main global digital wallet players are, assess the disruptive potential of digital wallets, think through their options, and understand how to outsmart disruptive entrants.

Log in to continue reading
Client log in
Welcome back. Log in to your account to continue reading this research.
Become a client
Become a client today for these benefits:
  • Stay ahead of changing market and customer dynamics with the latest insights.
  • Partner with expert analysts to make progress on your top initiatives.
  • Get answers from trusted research using Izola, Forrester's genAI tool.
Purchase this report
This report is available for individual purchase ($1495).