IDC Financial Insights announced the results of the eighth annual Consumer Payments Survey, focused on the usage of emerging payment technologies. The new report, Business Strategy: Results from the 2012 Consumer Payments Survey (Document #FIN235594) found that mobile payments have more than doubled in popularity, reaching over 33% of survey respondents. Of those that had made a mobile payment, more than half used PayPal Mobile (56%), with Amazon Payments and Apple’s iTunes service statistically tied at about 40%. In addition, prepaid cards showed strong growth, particularly in the network branded and benefit submarkets. Network-branded (open loop) prepaid cards have drawn neck and neck with closed loop cards in consumer penetration. Overall, 73.5% of U.S. consumers now use online bill payment. This confirms that online bill payment is now the dominant way we pay bills in the U.S. IDC Financial Insights emphasizes the strong results in prepaid cards and mobile payments should lend urgency to financial institutions’ efforts to develop products in these areas.