Cash, check, or card? For decades, they were the only payment options. Today, there are a host of other payment methods and devices to make purchases. New technologies like contactless payments, card-based payment apps, and peer-to-peer transfers now give consumers a variety of choices at the register, making way for a new money culture: cashless and cardless.
However, with just over 20% of US customers making a mobile payment in 2018, there are a number of factors that indicate we’ve yet to reach the tipping point of widespread consumer adoption when it comes to cashless payments.
In this report, we’ll dive into why. Download your copy today!
of consumers still carry cash daily
of mobile payment users report that they only started using mobile payments within the last year