5% of US consumers currently use a mobile wallet and 18% intend to use one in the next year, credit scorer Fico’s “Millennial Banking Insights and Opportunity” survey has found, with the percentage rising to 32% among Millennials — defined as those born between 1980 and 1994. 21% of respondents said they currently use an alternative payment service like Venmo or PayPal and 39% expect to use one in the next year.
- NFC mobile payments ‘shake off the novelty tag’ in the UK
- Bank issues primary school kids with NFC smartwatches that let them make payments and track pocket money
- New Little Caesars Reserve-n-Ready service transforms the way customers pick up pizza
- Mobile payment usage ‘remains low’, US debit card study finds
- Report: 2017 Mobile Payment Usage in China