TNS reports on consumer attitudes to wearable payments
TNS report shows alternative and cashless payments adoption at an inflection point with security a concern to wider usage — TNS — “44% of respondents are willing to make a payment using a wearable device like a ring or a bracelet; just under two-thirds (65%) expressed that security concerns would stop them from using a wearable device to make a payment; Australians are most concerned about security (68%) versus Americans (64%) and Britons (63%); more than half of male smartwatch owners have used it to make a payment.”