Westpac introduced Apple Pay only weeks ago
Apple Pay has grown strongly over the past year, with the proportion of Australians using it rising from 4.1 per cent a year ago to 6.5 per cent now, according to new research.
Roy Morgan latest Digital Payments Report shows a total of 10.8 per cent of Australians are now using a non-bank contactless mobile payment service – up from 7.1 per cent a year ago.
Apple Pay leads the way, followed by Google Pay, which is used by 4.1 per cent of consumers, compared with 3.6 per cent a year ago. Samsung Pay is used by 1 per cent of consumers (unchanged from a year ago).
Roy Morgan says use of contactless payments is rising, with retailers responding to the COVID-19 crisis by asking consumers not to use cash. However, the use of contactless payments has been increasing for some time.
“For most Australians this means tap and go with a bank-issued card but more than one in 10 Australians are using a service provided by one of the big tech companies,” Roy Morgan said.