All three major phone-based mobile wallets announced expansions to their services this week. Evan Bakker, research analyst for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on mobile payments that forecasts the growth of in-store mobile payments in the U.S., analyzes the performance of major mobile wallets like Apple Pay, Android Pay, and Samsung Pay, and addresses the barriers holding mobile payments back as well as the benefits that will propel adoption. Integrated loyalty programs and other add-on features will be key to mobile wallets taking off. Measures mobile wallet user engagement by forecasting mobile payments' share of their annual retail spending. Reviews the performance of major mobile wallets like Apple Pay and Samsung Pay.

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Persons: 9to5 Mac, Evan Bakker Organizations: Intelligence, Apple Pay, Visa, Mastercard, Samsung, Samsung Gear, Apple Watch, First Community Bank, First Tech Federal Credit Union, BI Intelligence, Business Locations: France, Europe, U.S, China