Technology Strategies International
News stories featuring Technology Strategies International:
June 2nd, 2016
The value of contactless payments made by Canadian consumers increased by around C$30bn (US$22.8bn) in 2015, on the back of more than 1.2bn transactions, Technology Strategies International reveals. “Only about one in six people who own contactless payment options do not use them,” says the company’s president Christie Christelis. “People are using their contactless payment cards more and more frequently, approaching three times a month on average.”
September 16th, 2015
The number of contactless transactions conducted in Canada has increased by almost 150% over the past year, fuelled in part by the rapid roll-out of Interac Flash cards, research from Technology Strategies International shows. “The mobile payments landscape in Canada will change dramatically within the next five years, with about two thirds of the smartphones in Canada having NFC capability by 2019,” the company adds.
June 11th, 2012
By 2016 almost 80% of the smartphones in Canada will be NFC-enabled, “providing a solid foundation for the uptake of mobile contactless payments”, according to Canadian Payments Forecast — 2012, a new report from TSI. “Cash will remain the most frequently used form of payment in Canada over the next five years, but will suffer substantial erosion from contactless debit and credit payments,” say the authors.
September 12th, 2011
A new survey has found that a third of Canadians would use a mobile wallet if it was provided to them by their bank — but there is less interest in mobile wallets provided by other potential types of issuer.
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