US mobile payments are expanding across in-store, digital, and peer-to-peer (P2P) use cases, driven by widespread familiarity and deeper integration into everyday transactions. Growth is maturing, but overall transaction value will keep rising as merchant acceptance expands and usage broadens from low-cost, everyday purchases to larger-ticket items.

We prepared this data drop with the assistance of generative AI (genAI) tools and stand behind its accuracy, quality, and originality.

Regular usage is driving up proximity mobile payment transaction value

Paying via smartphone has moved beyond niche use and is becoming a core part of the checkout experience. The number of proximity mobile payment users will rise from 125.0 million in 2026 to 147.6 million by 2030. Total transaction value will grow by more than 50% over that period, surpassing $1.500 trillion. As shoppers tap their phones more consistently and for higher-ticket items, businesses will need to prioritize fast, seamless, tap-first payment experiences across environments.

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