Much like the story of the emperor’s new clothes, mobile payments may be a case where the young see one thing and their elders another.
College students who won the top slot in a contest sponsored by the National Retail Federation Foundation and American Express Co. have determined that in a retail environment, mobile payments is not ready for prime time.
“Basically, the students did the research, and they found it is too early in the adoption process for the industry,” said Jerry O’Brien, executive....