Digital wallet adoption is slowly on the rise, and payments provider PayPal seems to be the most popular choice for users.
Users of the PayPal digital wallet far extend users of its closest competition, Apple Pay, according to a Market Force Banking Study released yesterday.
The study, which polled about 6,500 banking customers in August 2017, found that 67% of customers are using PayPal, while 39% are using Apple Pay.
This is a jump from the 64% of customers who claimed they were using PayPal in 2016, according to the Market Force study, and that jump appears to be at Apple’s expense: that 39% of users is down from the 44% who cited use of the Apple Pay in 2016.
Furthermore, use of Google Wallet fell sharply, with only 10% of participants in the study claiming to use the mobile wallet compared to 25% of users in 2016.
Take a look at the full study here.
