Question of the Day

Checking #29

What is the #1 contactless (mobile wallet) payment method?

Apple Pay

1. Apple Pay: 77% market share
2. Samsung Pay: 17%
3. Google Pay: 6%

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Follow Up Questions

1. Do you/do you plan to use your mobile phone to make contactless payments at stores? Why or why not?
2. Recent research suggests that those using digital wallets often exhibit riskier financial behavior. Why do you think this is the case?
3. Digital wallet transactions account for about 9% of global digital transactions. What do you think that figure will be in 10 years? Why?

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