NEW YORK—The U.S continues to lag behind other countries in consumer adoption of mobile wallets.
A Merchant Machine study reveals China leads the way with 47% of its people using a mobile wallet. Second is Norway with 42% of its consumers using a digital wallet. Great Britain is third (24%) and the U.S. stands a distant seventh—with only 17% of its consumers using mobile wallets.
As for the most popular mobile wallets, WeChat Pay is No. 1 with 600 million users. That's followed by Alipay with 400 million users. Next up is PayPal with 210 million users. In fourth place is Apple Pay with 87 million users. And rounding out the top five is Samsung Pay with 34 million users, reported Fast Company in its analysis.