Mobile Payments Interview with WIOD NewsRadio Miami
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Tuesday, March 10, 2015, with Patty de Mendoza of WIOD Radio Miami. The topic: a CreditCards.com survey on mobile payments that showed that most Americans haven’t bought in to mobile payments just yet. The interview and transcript are below.
Patty de Mendoza: Apple Pay and Google Wallet, they’re not getting any more popular. Americans remain skeptical about using their cellphones to pay for stuff. A CreditCards.com survey shows two-thirds of Americans won’t use their phones to make a purchase. Those are the same poll results from six months ago. Analyst Matt Schulz says recent hackings have raised security concerns.
Matt Schulz: But it’s also convenience. I think people still need to be convinced that paying with their smartphone is as easy as just swiping your credit card.
Mendoza: Only 6% of those surveyed said they would always make a mobile payment, given the chance to do so. Patty de Mendoza, NewsRadio 610 WIOD.