You can find many reviews discussing the pros and cons of each mobile wallet app available, most of them are outdated.
A quick research of what comes up when searching for the term “best mobile wallet app”, shows that at least a couple of options reviewed are no longer available.
Which is the best mobile wallet app in 2015?
Unlike many other app categories, the market of mobile payment apps is rapidly changing, losing many apps along the way. Some apps have simply changed their offering, others were acquired by the competition.
The bottom line is this: The question “what is the best mobile wallet app” is about to become one that’s easy to answer in 2015. There are only a few apps competing for the title, some of which have a built-in disadvantage (like LoopPay that requires you to purchase a relatively expensive hardware in order to use it or PayPal Mobile that requires you to find the merchant on your phone in order to complete payment).
So currently it’s Google Wallet VS. Apple Pay. Both offer a quick and secure NFC (Near Field Communication) payment process, and are competing for the best mobile wallet app title quite aggressively.
So which of the two is actually the best? The jury is still out. Apple Pay is making huge strides towards becoming the market leader, offering a more secure payment option and rapidly growing the list of merchants accepting Apple Pay.
However, Google Wallet is putting up a fight, with the recent deal with SoftCard.
The fact the Google Wallet is available to both iOS and Android users should work to its advantage, as Apple Pay is only available to users of iPhone 6 and above.