Some 36 % of US consumers use peer - to - peer ( P2P ) mobile payment services , research from Bank of America has found . consumers are most likely to use mobile services , with 62 % claiming they already use the payment method . Just 34 % of Generation Xers and 20 % of baby boomers claim they use P2P mobile payments , however , 45 % of non - users plan to adopt the payment method within the next year . A total of 68 % of consumers started using P2P services because of their convenience , while 48 % cited peer influence as a reason for adopting the technology .
Some 36% of US consumers use peer-to-peer (P2P) mobile payment services, research from Bank of America has found. Millennials are most likely to use P2P services, with 62% claiming they already use the payment method. Just 34% of Generation Xers and 20% of baby boomers said they use P2P mobile payments, however, 45% of non-users plan to adopt the payment method within the next year. A total of 68% of consumers started using P2P services because of their convenience, while 48% cited peer influence as a reason for adopting the technology.