November 22, 2024
Apple Pay Surpasses PayPal to Become Most Popular Mobile Payment Solution in the U.S. [Chart]

Apple Pay Surpasses PayPal to Become Most Popular Mobile Payment Solution in the U.S. [Chart]

Posted February 8, 2017 at 12:10am by iClarified
Apple Pay has surpassed PayPal to become the most popular mobile payment solution in the United States, according to research from Boston Retail Partners.

36% of more than 500 top North American retailers surveyed now support Apple Pay. That's up from 16% last year. Another 22% are planning to accept Apple Pay within the next year.

PayPal fell to second place with a 34% acceptance rate followed by Mastercard PayPass at 25%, Android Pay at 24%, Visa Checkout at 20%, and Samsung Pay at 18%.


“PayPal has been bumped out of its top spot in this year’s survey, with Apple Pay now being accepted at 36% of the retailers participating in the survey. This is up significantly from 16% last year, and signals a growing acceptance by retailers and customers.”

Only 11% of retailers surveyed said they weren't planning to implement a mobile payment service.

“One of the critical factors for any mobile payment success going forward is education. We have found repeatedly that not only are consumers unsure of how and when mobile payments can be used but, even more telling, associates are unsure,” BRP says. “For mobile payments or mobile wallets to succeed, there must be further education at the point of sale to ensure that a transaction using a mobile device is not longer or more complicated than traditional payments methods for either the customer or associate.”

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Apple Pay Surpasses PayPal to Become Most Popular Mobile Payment Solution in the U.S. [Chart]
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Comments (4)
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Stephen Johnson
Stephen Johnson - February 8, 2017 at 9:20pm
Isn't Samsung Pay accepted almost everywhere? Goes to show how much education is still needed when it comes to mobile payments.
Stephen Johnson
Stephen Johnson - February 8, 2017 at 9:25pm
Actually, Apple, Android, and Samsung Pay should all be at least at the same level of acceptance... If one store accepts NFC, any one of those platforms will work. Samsung Pay should be accepted at more stores than just NFC-accepted places.
DonDon68
DonDon68 - February 8, 2017 at 4:42am
Great news. PayPal needs to be brought back to reality as it treats its customers poorly. Long live competition.
Shar
Shar - February 8, 2017 at 12:22am
I actually didn't expect paypal, a mainly online payment system, to be this high in mobile payments, didn't know they offered.
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