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. “Over 80% of the millennial respondents chose either a debit, credit or contactless card as the payment method they will use the most in 10 years time,” the findings reveal.
- 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