Apple Pay has already become the fastest growing mobile wallet but the only thing holding it back is the limited number of retailers that accept it. A new study has found that PayPal is still leading the mobile payments race with 13% of retailers accepting it more than any other alternative payment type.
Boston Retail Partners surveyed the top 500 retailers in North America and found that only 8% currently accept Apple Pay, but Apple’s mobile wallet is expected to make a big push this year and take the top spot with nearly 40% of big shops in the U.S. accepting Apple Pay by the end of 2015.
Here’s the full breakdown: