British consumers are spending an average of £36.76 (US$44.95) of their monthly disposable income through mobile payments, equating to £1.46bn (US$1.78bn) spent using mobile devices in the UK every month, research released by VoucherCodes reveals... More
Research
US consumers trust banks most for payments
More than eight in 10 US consumers (82%) trust banks most to keep their payments safe, research from the American Bankers Association (ABA) reveals... More
Businesses missing customers’ move to mobile payments
A third of global consumers expect mobile money to dominate payments within a decade, NTT Data predicts, while 31% of executives think mobile money “does not apply” to their business... More
US smartphone owners switch to mobile payments
More than half of smartphone owners in the US have used their mobile phone to pay for goods and services in-store and online, Mercator Advisory Group says... More
Brits using mobile payments abroad
One in 20 British millennial holidaymakers used a mobile payment abroad via Apple Pay or Android Pay this year, research released by the DCC Forum reveals, and one in 10 made a contactless card payment when on holiday... More
NFC to lead sharp rise in global smart packaging market
The global smart packaging market is expected to reach US$26.7bn by 2024, according to a new report from market research firm Grand View Research... More
US consumers ‘largely unfamiliar’ with contactless and mobile payments, research shows
PARTNER NEWS: Contactless payment systems remain largely unfamiliar to US consumers despite a high level of satisfaction with the technology... More
Study shows growing European appetite for mobile payments
Some 54% of European consumers are using a mobile device to make payments for a range of activities in-store, in-app and online, compared to 18% at this time last year, Visa’s 2016 Digital Payments Study has revealed... More
Apple Pay adoption low, says report
Only one in ten iPhone owners have used Apple Pay and, among those who haven’t done so, 63% said it’s because their preferred merchants don’t support it as a payment option, research from Parks Associates reveals... More
Study shows Canadians’ growing enthusiasm for mobile payments
Cash purchases will make up only 10% of money spent in Canada by 2030, claims research released by Moneris... More
Visa reveals growing Euro interest in biometric authentication
More than three in five European consumers (62%) believe using biometric forms of payment authentication will be faster and easier than passwords and PINs, research by Visa reveals, with 42% believing that the procedure could completely eliminate the need for multiple passwords and PIN codes... More
Worldwide card payments on the rise
The total number of global card purchases increased by 15% in 2015 to 270bn, almost double the 8% rise in card numbers, RBR’s Global Payment Cards Data and Forecasts to 2021 reveals... More
UK consumers save years using contactless
UK consumers collectively save an average of 34 years of time every month by paying with contactless cards, research from Card Cutters reveals... More
US study reveals increased use and awareness of Apple Pay, Android Pay and Samsung Pay
Nearly nine in ten US consumers with Apple Pay compatible devices (89%) are now aware of the mobile payment service, research released by First Annapolis Consulting reveals... More
Barclaycard reveals large contactless increase across UK
The amount spent by Barclaycard customers using contactless technology in the UK has multiplied 2.7 times so far this year, with usage increasing 173% by value and 112% by volume, the latest Barclaycard Contactless Spending Index reveals... More
Most Brits want contactless payments on familiar wearables
More than two thirds of UK consumers (67%) who use contactless payments would prefer the function to be added to something they already own or wear, rather than purchase a brand new wearable payment device. More
Three quarters of US retailers plan to accept Apple Pay before 2018
More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals. More
Researchers develop NFC on-skin electronics
A group of students from MIT Media Lab have teamed up with Microsoft Research to develop interactive and customizable on-skin electronics equipped with an NFC chip for transferring information to a mobile device... More
Americans open to mobile wallets
Nearly three in ten US consumers (29%) express a willingness to use mobile wallets in the next six months, a survey by Computer Services Inc... More
US and UK consumers warm to mobile payments, loyalty and coupons
The majority of US and UK consumers (54%) have now used a mobile wallet, research from Urban Airship reveals, with 30% of respondents using them in the past week. More