Apple Pay comprised 92 percent of US mobile wallet transactions last year

Mobile wallet transactions - 92%

A recent Pulse study showed that the iPhone maker’s app easily dominated smartphone payments. Apple Pay was by far the leader in mobile wallet transactions in 2020, which was in itself a critical year in smartphone-based payments growth. Last year was a critical one in the expansion of this payment method due to the pandemic. As consumers across the United States sought more contact-free payment methods, they looked to their phones to complete their purchases using mobile wallet transactions. Among those who did, Apple Pay was used 92 percent of…

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Contactless mobile payments will see use by 100 million Americans this year

Contactless mobile payments - Image of Google Pay

The pandemic has caused a sharp change in favor of the contact-free transaction methods in the US. Efforts to slow the spread of COVID-19 are being attributed to the trend toward the use of contactless mobile payments in the United States. Consumer shopping behaviors have altered to avoid touching commonly used surfaces. Before the pandemic, the adoption of contactless mobile payments had bee slow and gradual when compared to many other countries around the world. Consumers were satisfied with the convenience of using their credit and debit cards and didn’t…

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The consumer shopping experience is increasingly dependent on mobile payments

Consumer shopping experience - mobile payment

A new Buyer PaymentsInsights Survey by Mercator Advisory Group examined this trend. Mercator Advisory Group has released the outcomes of its recent Primary Data report, Buyer PaymentsInsights – Payment Behavior: Younger Shoppers Lead a Change, showing that mobile payments has become highly critical to the consumer shopping experience. The report’s conclusions are based on Mercator’s 2020 Buyer PaymentsInsights Survey. This online survey involved the participation of 3,000 adult consumers in the United States. It was conducted before the outbreak of the pandemic in the U.S., in February 2020. It examined…

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Sionic Mobile introduces No-app mobile payments at gas pumps

no-app mobile payments - gas station - refueling car

Sionic Mobile has partnered with Gilbarco Veeder-Root to bring mobile payments to consumers with a ULink profile. If all goes according to plan, Atlanta-based Sionic Mobile will roll out a no-app mobile payments system at participating gas stations. The leading provider of cloud-based connected commerce services has announced the integration of its secure zero-friction ULink service with Gilbarco Veeder-Root’s Passport Point-of-Sale (PoS) solution at fuel dispensers. The integration will allow for fast and convenient payments at all PoS manufactured by Gilbarco Veeder-Root. Gilbarco Veeder-Root is a respected supplier of fuel…

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Top restaurant in Chicago to embrace WeChat Pay

WeChat Pay - Restaurant

Steak 48 will be adding mobile wallet payments to its payment options. To accommodate the number of Chinese tourists visiting its restaurant, Steak 48, one of Chicago’s top restaurant brands, plans to accept WeChat Pay starting July 1st. All Prime Steak Concepts brands will support the payment platform. WeChat Pay is one of the largest mobile messaging and payment platforms in the Chinese sector and the world. With millions of tourists and business travelers coming from China to shop at stores and enjoy a meal at restaurants in North America,…

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