Report Shows 70% of US P2P Payments Are Mobile

While U.S. consumers enthusiastically embrace digital wallets for sending money to friends and family, they notably trail several other developed nations in adopting mobile payments at physical store locations, highlighting a bifurcated digital payment landscape stateside.

According to “How the World Does Digital,” a data-driven deep dive into the global payment shift, digital and mobile wallets are increasingly leading online purchases and showing significant growth for in-store transactions.