Mobile wallets can provide many added benefits, not limited to cutting down the stack of credit cards collecting in their wallets. Despite the convenience factor and other benefits, mobile payments have seen slow adoption, with only 27 percent of consumers indicating they have used Apple Pay, Android Pay or Samsung Pay.
Despite this slow adoption, mobile payments are on the upswing, with sales from mobile devices jumping 56 percent in 2015. As mobile payments grow, not only will giants like Apple and Samsung Pay pave the way for digital payment innovation, but more digital wallets will continue to pop up, begging for consumers’ attention and download.
