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Influx of Mobile Payment Options Challenges CUs

October 14, 2016

Apple Pay adoption, for example, is low, according to research from the Dallas-based Parks Associates. Only 10% of iPhone owners have used Apple Pay, and, among those who have not used it, 63% said it is because their preferred merchants do not support it as a payment option.

“Only 19% of U.S. smartphone owners and 15% of smart watch owners have used a mobile payment app,” the firm said.

From the article "Influx of Mobile Payment Options Challenges CUs" by Roy Urrico.

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Influx of Mobile Payment Options Challenges CUs

Previously In The News

Parks: Household Spending on Streaming Subscriptions Slumps

30% of U.S. Homes Have At Least 3 Smart Home Devices as Adoption Grows

Monitoring Matters: PERS and Lifestyle Management Opportunities

Three in ten US households unsubscribe from streaming platforms to save money

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