An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found. 4% most trust alternative payment providers such as PayPal and Venmo while only 1% most trust major retailers or telecom companies. 6% of US consumers have used a mobile app to make a payment, the survey found, with PayPal most popular (45%) followed by Apple Pay (42%) and Google Wallet (11%).
- Samsung cuts US support for MST transactions on new Galaxy phones
- Fiat Chrysler to let drivers order and pay for Grubhub food deliveries from their cars
- Agricultural Bank of China pilots central bank digital currency ATMs
- Mastercard pilots cloud POS solution for contactless payments acceptance on NFC smartphones
- Juniper forecasts 2.2bn QR code payment users by 2025
This article is more than five years old