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Brett King: Mobile is overtaking plastic as fastest-growing payment method

Brett King: Mobile is overtaking plastic as fastest-growing payment method
Mobile payments overtake plastic

Mobile payments are now growing faster than traditional plastic-based options, according to Brett King. He highlights that the entry of agentic AI is expected to further accelerate this transition away from plastic to mobile in the payments industry.

King underscores the ongoing shift driven by technological innovation and suggests that mobile platforms, enhanced by AI, are likely to dominate future payment growth.

King has previously argued that early adaptation to new banking models can help drive better financial service and stronger institutions. In a recent article, he highlighted the importance of adapting to trends in branch banking. His latest comments on mobile payments follow earlier calls for innovation in financial services.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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