More than half of UK shoppers (51%) believe that wearable devices including smartwatches, wristbands, fobs, stickers and smart clothing will be commonplace for in-store payments within two to five years, a survey by Vista Retail Support reveals... More
21% of US consumers have now used an EMV card, with the highest adoption rates among 25-34 year olds (25.3%), research from Harbortouch shows... More
Bluetooth low energy (BLE) beacons and proximity marketing solutions will drive US$7.5bn in spending by millennials in the US this holiday season, research from beacon network inMarket predicts... More
More than one in ten US shoppers with a smartphone (14%) plan to make mobile payments using services including Apple Pay or Android Pay this holiday season, research from Bankrate reveals. “Among those who don’t plan to make mobile payments, the top reasons were not secure enough (36%) and other payment methods are more convenient (31%),” the company says.... More
Smartwatches will be used to access banking apps 10m times in 2017, rising to more than 100m times by 2020, Juniper Research predicts... More
More than one in four UK shoppers (28%) would like retailers to know exactly who they are when they walk in using location-based technologies such as iBeacon, research by Harris Interactive for Salesforce UK reveals... More
A total of 39% of US consumers surveyed by Research Now for Inside Secure say they plan to use their smartphone to make an in-store purchase during this holiday season, up from 33% last year. 17% of those who did not make a mobile payment last year say they plan to use a service like Apple Pay, Android Pay or Samsung Pay this year. More
The market value of biometric identification for financial services applications will increase from US$123m in 2015 to US$657m in 2019, research from TrendForce predicts... More
One in five US consumers (20%) with an iPhone that supports Apple Pay have tried the mobile payment service while 14% of those with a Samsung Galaxy S5 or S6 have tried Samsung Pay or Android Pay, research from Trustev reveals... More
More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals... More
Some 8% of UK millennials see mobile payments becoming their primary payment method over the next decade, compared with 80% choosing cards and 11% saying cash, research from Compass Plus shows... More
Seven out of ten over 50 year olds in the UK now have a contactless card and one in five use it up to three times a week, research from Saga reveals... More
NFC technology is to be included in a new range of autoinjectors for patients with conditions such as rheumatoid arthritis who need to self-administer their medication via regular injections, enabling them to use their mobile phone to keep track of the medications they have taken, receive alerts when their next injection is due and access usage guidelines and refill instructions. More
An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found... More
The total value of mobile payment transactions in the US will grow 210% in 2016 and nearly one in five smartphone users will make a mobile payment in a store next year, eMarketer’s latest proximity mobile payments forecast predicts. More
More than seventy million US consumers (71.5m) have now made a mobile payment in a store or online, up from 61m in 2014, research by Mercator Advisory Group has found. Overall, 42% of all smartphone owners have made a mobile payment and half of those do so at least once a week. More
US consumers will use their smartphones to make mobile payments at the point of sale five times a week by 2018 and, by 2020, 20% of POS transaction volume will be conducted via mobile devices, research from Carlisle & Gallagher Consulting Group reveals... More
PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning process... More
Apple Pay is used for more than two thirds (68%) of all in-store mobile payments in the US, research from Accenture reveals, and the number of North Americans aware of mobile payments has increased by nearly 10 percentage points since last year, reaching 52%... More
People in Ireland are now making over two million contactless transactions with Visa debit cards every month, Visa Europe has revealed, representing a rate of one contactless payment per second... More