Apple Pay Users Statistics - How Many People Use It? (2024)

FAQs

Apple Pay Users Statistics - How Many People Use It? ›

Apple Pay's Rise

Data shows 507 million global Apple Pay users, of which the US accounts for 45.4 million. This is evident in recent data revealing five out of ten US respondents identifying as Apple Pay users in a restaurant or store between August 2020 and August 2021.

Millennial and Generation Z customers: Apple Pay adoption is highest among millennials (26–41) and Gen Z (10–25). Apple Pay is used by 51% of millennial digital wallet users and 73% of Gen Z digital wallet users.

you check out. At stores and more. Apple Pay is accepted at over 85 percent of retailers in the U.S., so you can likely use it wherever and however you want. If you're not sure, just ask.

iPhone vs Android User Stats (2024 Top Picks)

In the US, iPhone has a 58.81% market share. As of 2024, Android has a 70.93% global market share. iPhone users have a 43.7% higher average salary than Android users. Gen Z and Millennials are more likely to be iPhone users.

Apple Pay allows you to make easy, secure, and private transactions in stores, in apps, and on the web. You can also send and receive money with friends and family using Apple Cash (U.S. only). And with contactless rewards cards in Wallet, you can receive and redeem rewards when you pay using Apple Pay.

If you're less than 13 years old, Apple Pay isn't available and you can't add a card in the Wallet app. Age varies by country or region. Yes, under limited circ*mstances. The limiting factor is US state laws the limit at what age a minor can enter into a legal contract.

As of June 2023, the most of the people who pay for their purchases online using Apple Pay are in the United Kingdoms and the United States.

In the Mobile Payments market, Google Pay has a 2.13% market share in comparison to Apple Pay's 0.61%. Since it has a better market share coverage, Google Pay holds the 3rd spot in 6sense's Market Share Ranking Index for the Mobile Payments category, while Apple Pay holds the 4th spot.

Apple Pay has 767 reviews and a rating of 4.73 / 5 stars vs PayPal which has 24003 reviews and a rating of 4.67 / 5 stars. Compare the similarities and differences between software options with real user reviews focused on features, ease of use, customer service, and value for money.

How many Americans use Apple Pay? ›

There are roughly 45.4 million users of Apple Pay in the United States alone in 2023, with an estimated one in every five US citizens using the service. 3. Apple Pay's convenience and security features are the major driving forces of its adoption among users. 4.

Comparison with Other Retailers

Walmart isn't the only holdout on accepting Apple Pay, though. Home Depot partnered with PayPal, and now doesn't accept either Apple Pay or Google Wallet. Arby's, Applebees, and Hobby Lobby also don't accept Apple Pay.

Your purchase may be declined if we suspect that the merchant you're shopping with is fraudulent or if there's other fraudulent activity on your account.

Apple Pay Consumer Statistics

Apple Pay is one of the most popular digital wallets in the world. 21.2% of American consumers aged 14 years and older will use Apple Pay in 2024. If trends continue, over 25% of consumers will use Apple Pay by 2030. An estimated 640 million people worldwide are apple pay users in 2024.

PayPal is an example of a staged digital wallet, so if you take PayPal transactions, you may be affected by the Visa fee. Wallets like Apple Pay are not staged wallets and not subject to the staged wallet fee. Read More: Staged Digital Wallet Fee.

Google Pay has a 2.13% market share in the Mobile Payments category, while Apple Pay has a 0.61% market share in the same space.

Apple Pay has been growing steadily since its launch in 2014. The revenue earned by Apple Pay has been increasing each year. In 2019, the company generated $998 million in revenue, which increased to $1.05 billion in 2020. In 2021, Apple Pay revenue amounted to $1 billion.