One in three Millennials to use a mobile wallet in 2015

News in brief

News in brief

5% of US consumers currently use a mobile wallet and 18% intend to use one in the next year, credit scorer Fico’s “Millennial Banking Insights and Opportunity” survey has found, with the percentage rising to 32% among Millennials — defined as those born between 1980 and 1994. 21% of respondents said they currently use an alternative payment service like Venmo or PayPal and 39% expect to use one in the next year.

Filed by Email Rian Boden nfcworld.com Published 3 February 2015, 12:51 • Last updated 3 February 2015, 12:51