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Apple leads in mobile wallets use but not in total purchases

11/16/202211/15/2022 John Montgallo

The iPhone’s payment app has been around for 8 years, and adoption has been rising quickly. The Apple Pay has been available in the mobile wallets category for 8 years as of 2022 and while it did have a slow start – as did many others in that category – but it has started picking up. In the United States, adoption of all phone-based digital payment methods has been slow. The report “Apple Pay at 8: Connected-Tech Consumers Lead the Way” issued by PYMNTS showed that even though more than…

47 percent of consumers in Brazil use a mobile wallet for in-store shopping

06/28/202206/27/2022 Jorge Gonzalez

Mobile wallet - Brazil Flag - smartphone

Shoppers in the country routinely use their smartphones instead of cash or a conventional credit card. In Brazil, nearly half of all shoppers are using a mobile wallet to complete transactions in brick-and-mortar stores. This is pushing merchants and retailers to ensure that they have the necessary tech to accept payments. With the rapid growth of mobile wallet transactions in Brazil, businesses are finding increasingly vital to ensure that they keep up with technology so that they won’t lose business. A substantial percentage of customers clearly expect to be able…

More than 1 in 4 patients want to use mobile wallets for healthcare payments

04/11/202204/09/2022 Jorge Gonzalez

Mobile wallets - Mobile Payments - credit card

A recent study showed that 28 percent of US patients would like to pay digitally or by app. According to the results of a recently conducted payments study, 28 percent of US patients would like to be able to make medical payments using mobile wallets or digital transactions. One of the biggest points of friction patients suffer in accessing medical care is in making payments. Certainly, the cost of care is a heavier burden, but the transaction methods available can also add substantial friction to a patient’s ability to conveniently…

Businesses will want to pay attention to this mobile wallet trend ahead of Black Friday

11/08/202111/05/2021 Jorge Gonzalez

Companies accepting this form of transaction are seeing improved loyalty from consumers. Retailers are getting ready for their pre-Black Friday sales that will all be a build toward the big day, something that hasn’t been seen in two years in many parts of the country, and mobile wallet trends are being taken very seriously. Merchants across the country have seen a dramatic trend toward contactless payments. As lockdowns and stay-at-home orders eased from the pandemic crisis, consumers heading back into stores have shown a substantial preference toward contactless payment methods…

Apple customers may not be interested in mobile payments

03/27/201503/25/2015 Stephen Vagus

Report shows the majority of iOS users have not used Apple Pay A new report from PYMNTS shows that the majority of iOS users do not make use of Apple Pay, Apple’s new mobile payments service. The service was launched in October of last year and represents Apple’s first official entry into the mobile payments market. The service managed to obtain significant support from retailers that were interested in engaging mobile consumers, but Apple Pay has struggled to find traction with the only demographic that can use it: iOS users.…