A “growing number” of Europeans would support the creation of national digital currencies with the specific aim of asserting “some monetary independence” from the European Union, according to a survey commissioned by Euronews... More
Survey
Nearly two-thirds of UK consumers would now prefer to make card payments from a mobile wallet
Nearly two in three consumers in the UK (62%) would now prefer to use their payment card through a mobile wallet compared with 31% last year, according to a survey commissioned by Samsung Pay... More
Three in four Germans want cashless payment options at every point of sale
Three quarters of German consumers (74%) want to be able to make digital payments at all shops, restaurants and other retail outlets, with that percentage rising to 87% among 18- to 29-year-olds, according to a survey by the Bitkom digital association... More
Two in five US consumers still cite cash as their preferred payment method
Two-fifths of US consumers (40%) still prefer to use cash and just under 40% of US businesses (39%) maintain a cash-only policy for purchases of less than US$20 “despite the availability of technology-driven forms of payment such as credit cards, debit cards and mobile wallets,” a survey by a division of WSFS Bank has found... More
Survey: Four in five consumers globally would use a biometric payment card
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider... More
Survey: more than six in ten US consumers say they would pay for a biometric card
Some 65.5% of US consumers would pay for a biometric credit card that has a built-in fingerprint reader for authenticating payments, according to a survey of American credit card users... More
Most UK retailers say strong customer authentication is not a key concern for post-pandemic recovery
Only one in six (12.8%) UK merchants rates the introduction of strong customer authentication (SCA) for online payments as a big business concern as the economy recovers from the Covid-19 pandemic, according to a survey published by Signifyd... More
More than 90% of consumers worldwide will consider using digital payments in the next year, Mastercard predicts
More than nine in 10 consumers (93%) will consider using digital payment methods including contactless, QR code and biometric payments as well as cryptocurrency transactions in the next year, according to a Mastercard survey... More
ECB survey reveals Europeans expect digital euro to be private, secure and easy to use
More than two-fifths (43%) of Europeans rank privacy as the most important feature of a digital euro central bank digital currency (CBDC), with 18% citing security, 11% the ability to pay across the eurozone, 9% the lack of additional costs and 8% offline usability, according to a European Central Bank (ECB) survey... More
Chinese consumers now make three mobile payments every day
Chinese consumers made an average of three mobile payments a day during 2020, while 98% of the Chinese population consider mobile payments to be their most frequently used transaction method, an increase of five percentage points on last year, a new survey reveals... More
Survey: Eight in ten central banks are now actively engaged in digital currency projects
More than four-fifths of the world’s central banks (86%) are engaged in “some form of work” on a central bank digital currency (CBDC), up from “about one third” in 2019, according to a Bank for International Settlements (BIS) survey... More
Survey reports on consumer attitudes to using mobile apps for transit ticketing
Nearly one in two Americans (46%) are most likely or definitely interested in mobile payment options for public transit ticketing “for a safer mass transit journey”, a survey of consumers in 28 countries around the world has found... More
UN reports on impact of Covid-19 on ecommerce payments in developing countries
Ecommerce businesses in 23 of the world’s poorer nations have seen “a notable increase” in digital payments as a result of the Covid-19 pandemic, according to a report by the United Nations Conference on Trade and Development (UNCTAD)... More
Survey: 4 in 10 US consumers open to receiving offers via NFC, QR and SMS
More than a third (38%) of US consumers intending to shop at brick-and-mortar retail outlets on Black Friday and Cyber Monday say they are interested in discounts and offers made via out-of-home (OOH) advertising signage that uses QR codes, NFC and SMS text messages, according to a new survey... More
Survey finds 7 in 10 Swedish consumers are interested in having a biometric payment card
Some 70% of Swedish consumers would be interested in having a biometric payment card so they can make high-value transactions without having to touch a point-of-sale (POS) terminal, a new survey reveals — and 59% would be willing to pay a monthly fee for one... More
Pandemic spurs half of US shoppers to try mobile contactless payments
More than half (53%) of today’s shoppers have used a mobile contactless payment option for the first time since the start of the Covid-19 pandemic, according to a survey by USA-based Inmar Intelligence... More
Six in ten Europeans abandon digital bank applications during onboarding
Nearly two-thirds of consumers in Europe (63%) have abandoned a digital bank application in the past year, compared with 40% in 2019, according to new research... More
European Central Bank launches public consultation on digital euro
The European Central Bank (ECB) has launched an online survey that enables consumers and industry experts to express their priorities, preferences and concerns about the issuance of a digital euro as a central bank digital currency (CBDC) and means of payment in the euro area... More
Survey: Four in ten US and UK consumers ready to use QR codes for payments
The popularity of QR codes has “skyrocketed” in the USA and UK this year, with 53% of consumers saying they want to see QR codes used more broadly in future and 43% that they plan to use a QR code as a payment method soon, a new survey has revealed... More
Malaysian bank rolls out contactless card acceptance on standard NFC phones
Merchants in Malaysia can now use a tap-to-phone payment acceptance service from Hong Leong Bank (HLB) to accept contactless card payments on a standard NFC Android mobile device... More