When looking at those interested in adding their ID to a mobile wallet, however, 69% are comfortable leaving their physical ID behind. Over half of these cardholders also don’t trust mobile wallets enough to leave their physical ID at home, saying they would still carry it with them anyway. 62% of those uninterested in adding an ID to their mobile wallet say they don’t like the idea of having all their personal information saved to one device, and 50% don’t think it would be secure. However, mobile payments have some work to do if they want to convert naysayers. “Though we don’t anticipate mobile wallets to fully replace physical ones, this addition will make leaving home without one a greater possibility should your state provide the option.” “With the addition of IDs, mobile wallets take one step closer to being a physical wallet substitute,” says Jaclyn Holmes, Director of Research at Auriemma Group. This is particularly striking among non-users, 45% of whom would begin using mobile payments as a result. And nearly half of those interested say having an ID available in their mobile pay wallet would make them use it more. According to the research, 67% of mobile payment users and 20% of non-users would be interested in adding an ID to their mobile wallet. ![]() But what impact, if any, will this have on mobile payment usage overall?Īuriemma Group’s latest Mobile Pay Tracker study found that ID provisioning could increase mobile payment usage notably. ![]() In March, Apple announced that Arizona would be the first state to offer its locals the opportunity to digitally store their driver’s license or state ID in the Apple Wallet, and Maryland soon followed. ![]() (New York, NY) Mobile payments give cardholders the chance to lighten their physical wallet, but those in states like Arizona and Maryland may be able to go without a wallet altogether.
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