If digital wallets are so popular, why don’t banks develop their own versions?
When it comes to digital wallets, traditional banks have been slow to jump into developing products to offer their customers. Now, that lethargy is showing up as a negative in consumer surveys, such as the one recently administered by Carlisle & Gallagher Consulting Group. Nearly half of the respondents were interested in mobile wallets in general, and of those, 80% would rather use eBay‘s (Nasdaq: EBAY) PayPal than their own bank — if PayPal offered other banking services as well.
