Consumers across the globe are warming up to proximity mobile payments. In 2018, for the first time, more than one-third of smartphone users ages 14 and older will use a mobile phone to pay for a purchase at a physical point of sale at least once every six months.
The use of mobile payments has risen substantially around the world over the past two years, but the bulk of the gain has come from Asia-Pacific markets, according to GlobalWebIndex survey data.
Mobile payments are a fairly popular way of picking up fast-food checks in North America, but the mobile option is far more commonly used in other parts of the world.
A significant minority of UK consumers prefer using an app to pay for items, according to new research. And there are other signs that cash is being surpassed by other payment methods in the UK.
A new survey from Acosta found that more than 8 in 10 millennials are at least somewhat interested in scan and go, where shoppers scan their own products in-store then pay via an app.
While digital wallet use is still far from a common behavior, users aren’t just using wallets to store card information, a new study finds. With younger people more likely to use a digital wallet, the study could be a signal of some long-predicted behavioral shifts.
Chalk up another mobile behavior that millennials are willing to try. According to a recent survey, roughly two-thirds of millennial internet users in North America say they are open to using a store app to pay for in-store purchases.
More than half of UK payment terminals can now process Apple Pay for purchases over £30 ($40.50), according to an Apple executive. Could the long anticipated surge in mobile payment use in the UK finally be at hand?
Top payment app has expanded to the US to cater to Chinese visitors. eMarketer spoke with Souheil Badran, president of Alipay North America, about growth plans and the MoneyGram bid.
High-earning consumers are much more likely to have mobile wallets than they were just a few years ago.