NEW YORK—A new three-country survey shows the U.S. leads the way in mobile payments but trails in contactless.
A survey of more than 3,000 consumers in the United States, United Kingdom, and Australia, sponsored by Transaction Network Services, shows the heaviest adoption of mobile payment apps in the U.S., at 59% of respondents, but the highest adoption of contactless payments in the U.K., at 79%.
Perhaps not surprisingly, younger consumers were more likely to use a mobile payment app on a smartphone, noted Digital Transactions in its analysis.
Of those 16 to 24 years old, 71% said they would use a mobile app, as did 73% of those 25 to 34 years old.
The likelihood begins to fall with 59% for 35-to-44 year old consumers, and drops to 42% for the 45-to-54 group and 28% for the 55-to-64 segment, Digital Transactions said.