The adoption of mobile payments at US merchant locations has slowed, despite the number of those using cash weekly dropping to 60%. Accenture’s North America Consumer Digital Payments Survey found that consumers’ use of debit cards as a payment method has remained consistently at 58%, with credit card payments rising to 53%. The survey found that of 4,000 respondents, more than one third said that they have not used mobile payments because current options are enough. five in One respondents said they did not wish to register their credentials on their mobiles because of a fear of unauthorised transactions.
The adoption of mobile payments at US merchant locations has slowed, despite the number of those using cash weekly dropping to 60%. Accenture’s North America Consumer Digital Payments Survey found that consumers’ use of debit cards as a payment method has remained consistently at 58%, with credit card payments rising to 53%. The survey found that of 4,000 respondents, more than one third said that they have not used mobile payments because current options are enough. One in five respondents said they did not wish to register their credentials on their mobiles because of a fear of unauthorised transactions.