6 'villages' built around mobile payments
Mobile wallets have always had a chicken-and-egg problem: Why should merchants accept them if consumers don't use them, and why should consumers use them if merchants don't accept them?
To solve this problem, it takes a village. Whether it's the Chase Pay Village pop-up in New York or the Olympic Village in other parts of the world, these self-contained communities have the ability to mandate a specific payment type is accepted. But it's still up to consumers to decide whether to open up their wallets (digital or otherwise).