Hospitality Technology reports that a recent survey by ACI Worldwide shows that Google Wallet may win the mobile wallet war against PayPal and ISIS.
The survey polled attendees of the National Retail Federation’s 2013 annual conference and found that 53% of respondents felt Google will be the prevailing mobile wallet in the marketplace. PayPal garnered 25% of the vote, and ISIS nabbed 4%. However, nearly 20% of respondents felt that a new player could enter this segment and do well.
About a third of the respondents felt the mobile wallet could impact retailers the most over the next 12 to 18 months, but nearly half felt that with a lack of common standards for mobile payments, this could be a major barrier for mobile payments.
Respondents also felt that mobile payments had more difficulty protecting customers’ privacy and were more susceptible to fraud.
Read more here.