Millennials have taken to mobile payments, but there are still concerns holding some back.

Millennials have taken to mobile payments, but there are still concerns holding some back. A new survey from Mitek found that 25% of 18-34-year-old smartphone users in North America and U.K. are conducting mobile transactions daily, and another 29% are doing it a few times per week. Security concerns were the most mentioned barrier to conducting more transactions with 42% of respondents, and 40% cited identity fraud. In addition, 26% of respondents say that the mobile buying experience isn’t as good as the desktop experience. (eMarketer)