Mobile payment usage ‘remains low’, US debit card study finds

“Combined, Apple Pay, Android Pay and Samsung Pay account for only about one quarter of 1% of US debit transactions,” the annual Debit Issuer Study from debit and ATM network Pulse has found, while the country’s move to EMV chip cards has cut debit card fraud loss rates but “fraud continues to challenge issuers.” Pulse logo“Enrollment of debit cards into Apple Pay increased 80% in 2016,” Pulse found, “with Apple Pay remaining the most popular mobile wallet of the big three ‘Pays’, which include Android Pay and Samsung Pay.”