More than one in 10 (11%) of UK consumers have made an in-store mobile payment and 18% are interested in doing so, research from nVest Ventures reveals. Millennials — those born after 1981 — are most interested in mobile payments (41%), while one in five consumers find paying with cash inconvenient, rising to 26% among 16- to 24-year-olds.
- Guess unveils fashion watches with contactless payment bands
- The world’s biggest electronics store uses NFC tags to let shoppers self-checkout on their mobile phones
- Singtel adds Apple Pay to Dash mobile wallet
- Tesco to roll out high value contactless transactions
- Tech firms to explore next gen payment cards that combine fingerprint sensors with digital displays