Pay by smartphone? Consumers Wary, Poll Says

As Apple unveiled a new service called Apple Pay that allows consumers to pay at registers using smartphones, nearly two-thirds of Americans say that way of paying does not appeal to them, according to a new survey by CreditCards.com.

Asked if they would use their phones to pay for items if they could, 44 percent of respondents said they never would, while 18 percent said “hardly ever.” Just 4 percent said they would always use phones as a method of payment, with 9 percent saying they would most of the time. The survey of 1,003 people, conducted Sept. 4-7 for CreditCards.com by Princeton Survey Research Associates International, has a margin of error of 3.6 percentage points.
Read Full Story at http://www.creditcards.com/credit-card-news/poll-consumers-wary-smartphone-payments-1271.php

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