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 LinkedIn
Apple Pay, Barclays Apple Pay support

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 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

    global cross-border payment infrastructure

    A New Payment Rail Is Not a Global Payment Solution

    October 23, 2026
    stablecoins in banking

    As Stablecoins Mature, Financial Institutions Face a Crossroads

    October 22, 2026

    Automation to Accountability: Governing AI in Fraud and Disputes 

    October 21, 2026
    google solana agentic

    Agentic Commerce Is Still Hype Ahead of Reality

    October 20, 2026
    Customer, shopping and credit card for florist shop payment with POS machine or phone for sale of flowers at small business. Hands of woman paying with rfid technology for service at retail store.

    As Rewards Programs Face Pressure, Card-Linked Offers Gain Ground

    October 19, 2026
    ai spend

    Escalating AI Spend Is Prompting a Strategic Recalibration

    October 16, 2026
    bank chatbot

    How Banks Can Nail the Handoff from Chatbots to Human Agents

    October 15, 2026
    diagonal payments solutions

    The Next Evolution in Payments: Diagonal Thinking

    October 14, 2026

    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

    ©2026 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