Android Pay preferred app for payment

While Apple Pay has the most buzz, it appears that rival Android Pay is in fact the most widely used payment app, according to new research.

 

A study carried out by PR outfit Walker Sands, found that Android Pay led the field in terms of users at 19 per cent. “Retailer mobile apps” were next, at 12 per cent. Apple came in third at 11 per cent with Samsung Pay registering just three per cent in the survey.

The biggest inhibitor to adopting in-store mobile payments were security (61 per cent) and privacy (58 per cent). But the survey pointed out these due primarily to consumer education and awareness, rather than actual technology problems.

The research found that Millennials used any mobile payment app more than other demographics. Nearly two-thirds (64 per cent) of 18- to 25-year-old consumers had purchased using a mobile in the previous 12 months, compared to one-quarter of users aged 61 or older.