Yes, there are alternatives to Samsung Pay, Google Pay and Apple Pay. Among the most popular is PayPal. In fact, in 2023, it was the most widely used digital wallet in the U.S., with 69 percent of digital wallet users reporting that they use it, according to a Morning Consult report. By comparison, 56 percent of digital wallet users said they use Google Pay, 53 percent use Apple Pay and 52 percent use Samsung Pay. More niche alternatives include MasterCard PayPass and Meta Pay. Although all of these platforms serve virtually the same function, each is slightly different, with various strengths

Mobile wallets are convenient, but they're not a perfect payment solution. Ira Bornstein, the founder of a financial technology and payment processing consulting firm, said the benefits of mobile wallets include "increased security through encryption, ease of transaction and customer preference for contactless payments." These features make mobile wallets appealing to consumers and businesses that want to streamline transactions and create a great customer experience. Bornstein also pointed out some downsides for merchants. These include the need to implement NFC-capable POS systems and invest

The best credit card processors allow merchants to accept one or more digital payment methods in addition to credit cards. The transaction process is essentially the same; just instead of the customer swiping, inserting or tapping their physical credit card to pay, they tap their phone to use their mobile wallet. Clover is a leading processor that lets merchants accept Apple Wallet, Google Wallet and Samsung Wallet. All of its card readers support NFC payments, helping you accommodate consumers with different payment method preferences. Read our in-depth review of Clover for more information.