Proximity mobile payments are massively popular in China, but usage lags in the US

For more insights and key statistics on the biggest trends in today's most disruptive industries, subscribe to our Chart of the Day newsletter.

Over 87% of smartphone users ages 14 and older in China will tap, scan, or swipe those devices to pay at a point-of-sale this year. Meanwhile, about 43% of US smartphone users in that age group will use proximity mobile payments, a comparatively small share, as mobile wallets are still catching on in the US.