If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry's most profitable businesses.

Advertisement
Up to 50% Off Men''s Shorts at Eastern Mountain Sports. Hurry, While Supplies Last!

More videos

France 24 28 Feb 2020 17:30 CET

Super Tuesday on France 24