Consumers Using More Mobile Payments

As more consumers gravitate toward mobile payments, we’ve finding that that digital payments are exploding in restaurants and in the travel industry.

According to a recent study conducted by PYMNTS.com, consumers have spent $8.1 Billion via digital wallets in February 2022. 

A digital wallet, such as Apple Pay or Google Pay, can be accessed directly from a customer’s smart phone. Consumers are now accustomed to the ease, speed, and convenience of waving their smart phones to make a purchase. Plus, with many restaurants employing pay-at-the-table technologies, a customer can pay for their meal instantly, eliminating long lines at the checkout counter.

Desktop Computers and Laptops No Longer Dominate Online Payments
Recent studies* also indicate that desktop computers and laptops no longer dominate online payments. For example, In February 2022, 51% of consumers used their mobile devices and digital wallets to purchase food items and travel services.

Digital wallets and mobile payments have numerous advantages:

• In restaurants, consumers can pay at the table.

• No more digging for payment cards at checkout – this saves time and increases convenience for both the merchant and the consumer.

• No risk of a cards being lost, stolen, or forgotten at a merchant establishment.

• With curbside pickup, the customer has no need to leave their vehicle; they pay for their goods by waving their smart phone in front of a contactless payment device.

If your business would like to learn more about contactless payments and digital wallets, we can help. 

To learn more, go to our Contact Us page, check the “Contactless Payments” option and enter your contact information. One of our representatives will be in touch with the best solution for your establishment! https://www.mainstreamms.com/contact