View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Dashboards
  2. Deals
July 10, 2012updated 04 Apr 2017 4:14pm

A third of US consumers now use m-payments

A new consumer study has found that a third of US consumers now use mobile payments, thanks to the increased popularity of PayPal Mobile, Apples iTunes and Amazon Payments According to an IDC Financial Insights 2012 Consumer Payments Survey, more than 33% of US residents use mobile payments, double the amount compared to last year

By Sara Perria

Anew consumer study has found that a third of US consumers now use mobile payments, thanks to the increased popularity of PayPal Mobile, Apple’s iTunes and Amazon Payments.

According to an IDC Financial Insights 2012 Consumer Payments Survey, more than 33% of US residents use mobile payments, double the amount compared to last year. More than half of mobile payments were made through PayPal Mobile (56%), followed by Amazon Payments and Apple’s iTunes service (40%).

The survey also found that online bill payment continues to be the preferred method in the country, with more than seven out of ten of US consumers using e-billing, the survey said.

Despite the popularity of digital downloads, such as apps and music, more respondents reported buying physical goods with their phones than online services, digital goods or virtual currencies.

 

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International