PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

How Did Apple Pay Achieve a 92% Share of Payment Transactions?

By Tim Sloane
August 20, 2021
in Analysts Coverage, Credit, Debit, Mobile Payments
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
How did Apple Pay achieve a 92% share of payment transactions?

How did Apple Pay achieve a 92% share of payment transactions?

While this statistic should make Apple happy, I doubt Google or Samsung will be pleased.  According to Statista, in June 2021 Apple iOS had a 53.66% market share.  Parlaying that into a 92% share of “mobile wallet transactions” is remarkable. This disparity is not likely driven by acceptance since today merchants that accept NFC can accept all NFC based mobile wallets.  No doubt Apple competitors will want to better understand the methodology used:

“The data was released in the company’s annual 2021 Debit Issuer Study, which was conducted by Oliver Wyman. It revealed that last year, there were around 2 billion payments completed using smartphone apps including Apple Pay, Samsung Pay, or Google Pay. That represents a 51 percent year over year increase, with Apple Pay taking a wide lead over its two top rivals.Mobile wallet transactions – Using Apple Pay

Samsung Pay comprised 5 percent of mobile wallet transactions, and Google Pay made up 3 percent.

The Pulse study also found that the average order value rose considerably last year when compared to 2019. Last year, the average order was $23 using this transaction method. However, in 2019, that figure was only $15, showing a 55 percent increase. While consumers made fewer in-person purchases, the data showed that the purchases that were made were larger, which was also attributed to pandemic spending trends.”

Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Apple PayConsumer BehaviorMobile Payments

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    mastercard merchant

    Payments Simplicity Is Still Key for Most Shoppers

    December 15, 2025
    cross-border tokenized deposits

    Ant International and HSBC Pilot Cross-Border Tokenized Deposit Transfers on Swift

    December 12, 2025
    Fiserv stablecoin

    Three Small Business Trends That Banks Can Hop On in 2026

    December 11, 2025
    echeck

    Beyond Paper: Why More Businesses Are Turning to eChecks

    December 10, 2025
    metal cards

    Leveraging Metal Cards to Attract High-Value Customers

    December 9, 2025
    fraud as a service

    Keeping Up with the Most Dangerous Fraud Trends of 2026

    December 8, 2025
    open banking

    Open Banking Has Begun to Intrude on Banks’ Customer Relationships

    December 5, 2025
    conversational payments

    Conversational Payments: The Next Big Shift in Financial Services  

    December 4, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result