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    News in brief

    UK consumers keen on NFC mobile payments

    News in brief

    A quarter of UK consumers are making NFC mobile purchases or would like to do so in the future, research by Mastercard reveals, with the figure increasing to 45% for those aged 25 to 34. More than two in five are ready to give up carrying cash completely, with 40% attributing their reduced use of traditional currency to wider acceptance of contactless payments. “Some 44% of consumers claim they would ditch notes and coins altogether if card payments were accepted everywhere,” Mastercard says.

    Filed by Email Rian Boden Published • Last updated 11 October 2016, 12:26

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