Consumers are choosing to use mobile payments for their everyday transactions, but they’re not getting a lot of credit.
The Wall Street Journal reported Monday that just one in five U.S. consumers are using mobile payment apps on their smartphones, compared to more than half in 2016.
The mobile payment market has been growing steadily, and it has grown rapidly for consumers, but consumers aren, too.
The Wall Street Times noted in 2016 that only about 13 percent of U.K. consumers were using a mobile payment app, compared with almost 24 percent in 2016, when the country was still struggling to find a way to get around the country’s congestion.
It is not yet clear how many consumers use mobile payment services, but some estimates put the number of people using them at about 15 million.
In addition to mobile payments and gas prices, these services also include a number of other payment methods, including credit cards, money transfers and prepaid cards.
The WSJ reported that the Wall Street study showed that mobile payments grew faster in the U.N. and in countries with more centralized economies, like the U:”There is little evidence that consumers’ mobile payments are faster or more secure, but there is little doubt that mobile payment technology is gaining momentum,” the paper said.
