Thad Peterson: Retail breaches could help increase interest in the adoption of mobile payments. Mobile payments are deemed by many retailers as being more secure than conventional point-of-sale payments. Peterson: Mobile devices raise additional security concerns for a lot of consumers. He says EMV [Europay, MasterCard, Visa standard] on the card will be the most visible manifestation of customer security concerns. That’s going to be a major factor in the next year as the issuers send out cards with chips on them, and the retailers start to install EMV-capable terminals.”]
Source: https://www.fraudtoday.io/migrating-to-mobile-payments-a-7042