Who is Using Mobile Payments?

Written By Jeff Hindenach
Last updated December 1, 2020

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January 28, 2015

Simple. Thrifty. Living.

With the introduction of new technology like Apple Pay and Square, many are trumpeting the coming death of other forms of payment, like cash and credit cards. But are people actually using this new technology?

We surveyed 8,000 of our readers to find out who is using mobile payments and which payment options are the most popular. Here is what we found:

Keep in mind that mobile payments were the same way as using a credit card. Mobile payments do not directly affect your credit score, like credit card payments, or raise your credit score like credit repair companies might be able to do. And mobile payments are not available for things like online loans or investment accounts.

About the Author

Jeff Hindenach

Jeff Hindenach is the co-founder of Simple. Thrifty. Living. He graduated from Bowling Green State University with a Bachelor's Degree in Journalism. He has a long history of financial journalism, with a background writing for newspapers such as the San Jose Mercury News and San Francisco Examiner, as well as writing on personal finance for The Huffington Post, New York Times, Business Insider, CNBC, Newsday and The Street. He believes in giving readers the tools they need to get out of debt.

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