More than half of Irish debit and credit card owners (54%) are using contactless payments when purchasing goods and services, research released by payment technology provider BOI Payment Acceptance (BOIPA) reveals, with the average contactless payment standing at €11.33. More
Survey
Europeans keen to use biometric authentication for payments, says Visa
More than two thirds (68%) of European consumers want to use biometrics as a method of payment authentication, research from Visa reveals, and 73% see two-factor authentication as a secure way to confirm an account holder’s identity. More
Survey reveals Samsung Pay tops satisfaction list in US
Apple Pay captures the greatest proportion of eligible users in the US with 33%, followed by Samsung Pay with 23%, research released by Auriemma Consulting Group (ACG) reveals. However, Samsung Pay users report higher satisfaction levels and fewer issues at the point of sale compared to Apple Pay users, with near equal proportions recommending both mobile payment services. More
NFC mobile payment users tip more, says Square
Customers who pay using NFC mobile payments are more likely to leave a tip, according to a survey by mobile POS provider Square. 73% of customers tipped when using NFC mobile payments compared to 71% who tipped using EMV and 67% who paid using magnetic stripe cards at the point of sale. More
Walmart Pay completes nationwide rollout
US supermarket giant Walmart has completed its nationwide rollout of Walmart Pay, making the service available in more than 4,600 stores across the country. The retailer has also recorded a 45% increase in Walmart Pay transactions in the last week. More
One in four US smartphone owners use mobile payment apps
More than 25% of US smartphone owners make use of mobile payment apps at least once a month, research from Parks Associates reveals... More
ACI reports on mobile payments usage by Indian millennials
More than two thirds of Indian millennials (67%) have purchased goods online and in-store using their mobile phone, research from ACI Worldwide reveals... More
More US consumers open to mobile payments
Two out of five US consumers (40%) have or would use in-store mobile payments, up from 34% in 2015, research from Bank of America reveals... More
Brits foresee cashless society by 2036
More than two thirds of UK consumers (68%) believe that cashless technologies will completely replace physical money by 2036, research released by the Mayor of London’s promotional company London & Partners reveals... More
Android Pay comes out on top in US survey
Android Pay tops the list of the most popular mobile payment services used by US consumers with 19% saying they have made an in-store payment via the service, research from Walker Sands reveals. More
Survey reports on use of Apple Pay, Android Pay and Samsung Pay in the US
More than a quarter of US consumers (27%) with an eligible smartphone have used Apple Pay, Android Pay or Samsung Pay, according to research released by Auriemma Consulting Group (ACG)... More
A quarter of Brits will make NFC mobile payments in the next year
One in four British consumers intend to use their mobile phone to make NFC-based mobile payments in the next 12 months, according to research from MasterCard... More
US and UK consumers warm to biometric authentication
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication. More
50% of Americans use mobile banking
Half of US adults now use mobile banking, with the number of users increasing by 29m since last year, research released by Javelin reveals... More
A third of Europeans have made a mobile payment
Nearly a third of European consumers (32%) have now made an in-store mobile payment, research by Fujitsu shows, while 22% have adopted wearable technologies... More
UK contactless transactions hit 60 per second
More than 60 contactless transactions took place every second across the UK during the month of February, The UK Cards Association reveals... More
A quarter of Brits have made an in-store mobile payment
Almost a quarter of UK adults (24%) have used their mobile phone to make an in-store mobile payment and 12% do so on a regular basis, the Prepaid International Forum (PIF) reports... More
Three quarters of Brits expect to be cash-free by 2021
Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More
European spend on payments technology to rise
Nearly three quarters of European retailers and financial institutions (71%) plan to increase their spending on payments technology in the next 18 to 24 months due to increasing competition and a feeling of being “under siege”, research from ACI Worldwide and Ovum shows... More
42% of UK mobile users don’t trust NFC mobile payments
More than four in ten mobile users in the UK (42%) feel that NFC mobile payments are not secure, research from Ofcom reveals... More