Two thirds of 18- to 25-year-olds in the UK (64%) are using a mobile wallet, while only 14% have “no interest” in doing so, research released by social money transfer app Moneymailme reveals. “PayPal seems to remain one of the most frequently used online payment services among 18- to 25-year-olds (52%), while newer entrants to the market like Apple Pay (18%) and Google Wallet (9%) are starting to gain market share,” the company says. Meanwhile, 48% believe cash will become obsolete within 20 years.
- Dejamobile raises €2.5m to expand its technical and commercial teams
- Singapore banks begin rollout of NetsPay NFC and QR mobile wallet
- Apple Pay set to launch in Poland and the Netherlands?
- Eftpos brings Apple Pay debit payments to Australia with Rambus tokenization technology
- NFC mobile payments users triple in Poland in a year