[eMarketer] Proximity mobile payment user base in US to surpass 100 million this year

Proximity mobile payment user base in the US will surpass 100 million this year. This is according to new data from eMarketer. 

A significant number of people in the US were already using proximity mobile payments regularly before the pandemic—about 72 million in 2019.

As more consumers experimented with different forms of payment in 2020, however, the number of proximity mobile payment users in the US rose by 29.0% year over year to 92.3 million.

''We expect the user base to surpass 100 million this year and growth to continue steadily through the end of our forecast period in 2025,'' eMarketer notes. 

eMarketer forecast that more than one in two US smartphone users will be proximity mobile payment users.

Read the full eMarketer article here

www.emarketer.com