Parts of the world in adopting mobile payments technology

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1. The United States and Latin America have been slower than countries in other parts of the world in adopting mobile payments technology. Why is this the case? If you have traveled to other countries, are there technologies you have seen that are not currently widely accepted in the U.S.? Please describe them.

2. Long Beach Bank employs three loan o?cers, each working eight hours per day. Each o?cer processes an average of ?ve loans per day. The bank’s payroll cost for the o?cers is $820 per day, and there is a daily overhead expense of $500.

Reference no: EM132285709

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