According to new data, 90% of mobile wallet users have their debit card set as their default payment method. This trend indicates a growing preference for mobile payments, although the decline in cash usage is reportedly slowing.
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Majority of Mobile Wallet Users Prefer Debit Cards as Default Payment Method
New data reveals that 90% of mobile wallet users have their debit card as the default payment method. This suggests an increasing trend in mobile payments, while the decline in cash usage appears to be slowing.
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Mobile payments on the rise but cash decline slows
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Majority of Mobile Wallet Users Prefer Debit Cards as Default Payment Method