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Mobile Payments Still Confusing, Still Growing

July 06, 2016

The category certainly shows positive momentum. Last month, Parks Associates released research that found that one quarter of U.S. smartphone owners use payment apps at least once monthly and that more than 3 million retailers use Apple Pay and Android Pay. Consumers, the research found, prefer retailer-specific apps. The top three areas payment apps are used for are food and drink, clothing and event tickets.

From the article "Mobile Payments Still Confusing, Still Growing" by Carl Weinschenk.

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About Parks Associates

Mobile Payments Still Confusing, Still Growing

Previously In The News

Finding OTT's Tipping Point: Three Factors Could Push It Past Pay-TV Subscriber Totals

Netflix saw subscribers drop post-lockdown. But Disney+ might not face the same fate

The U.S. has nearly 300 OTT services to choose from

Could streaming giants start to clamp down on password sharing?

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