More than two fifths of iPhone 6 and 6 Plus users reported having used Apple Pay between the end of May and mid-June, with 84% making more than three in-store transactions, the bi-monthly Apple Pay tracker from Auriemma Consulting Group (ACG) reveals... More
Research
Wearable payments to reach $501bn by 2020
Payments made using wearable devices such as smart watches, fitness trackers and wristbands will grow from US$3.1bn in 2015 to $501.1bn worldwide by 2020, research from market intelligence firm Tractica finds... More
US shoppers buying into mobile payments
Almost one in five US consumers (18%) have used a mobile device to make either an in-store or online purchase, up from 16% in 2014 and 12% in 2013, research from Synchrony Financial reveals, based on nearly 7,000 Synchrony Bank cardholders and shoppers nationwide... More
Three in four consumers interested in using alternatives to passwords online
One in six consumers find usernames and passwords “cumbersome” and 77% are interested in using alternatives to protect their security on the internet, research from Accenture reveals... More
Half of UK consumers want to pay with contactless
Just under half of UK consumers (47%) either expect or would prefer businesses to offer contactless payments for transactions of less than £20, research conducted by GfK for Lloyds Bank Cardnet reveals... More
Half of UK young adults pay with contactless each month
Nearly half of 25-34 year olds in the UK (44%) use contactless payments in an average month, research from YouGov and payment systems provider ACI Worldwide has revealed... More
Nearly half of US diners interested in mobile payments
Some 46% of US diners like the idea of using their mobile phone to pay in restaurants even though they have never done so, while of the 13% that have tried it over half liked the experience, research from restaurant booking service OpenTable finds... More
One in ten UK consumers experience Apple Pay issues
One in ten UK consumers using Apple Pay experienced issues when using the contactless payment service during its first week, research from social media company Brandwatch reveals... More
11% of UK consumers make in-store mobile payments
More than one in 10 (11%) of UK consumers have made an in-store mobile payment and 18% are interested in doing so, research from nVest Ventures reveals... More
US consumers put trust in biometrics
Some 41% of US consumers have a “high level” of comfort when logging in to a website or mobile app using a thumbprint or face/eye scan, research from Gigya finds... More
US shoppers eye mobile wallet availability
More than half of US shoppers (54%) would use a mobile wallet if it were accepted everywhere and 20% would stop carrying traditional wallets if mobile payments were accepted everywhere, research from Blackhawk Engagement Solutions reveals... More
Deloitte predicts surge in UK NFC payments
More than one third of UK consumers aged between 18 and 34 (34%) are interested in mobile payments alongside one fifth of 55- to 75-year-olds (20%), research from Deloitte has revealed... More
Eight in 10 Americans aware of contactless payments
Some 82% of US consumers have heard of contactless or tap-and-go payments and 69% are now using chip cards or plan to use them soon, research from MasterCard reveals... More
Digital wallet engagement revealed
Three in 10 fully engaged US customers used their digital wallet every time or almost every time they could in the past 30 days, compared to 12% of indifferent customers and 2% of actively disengaged customers, research from Gallup finds... More
One in four think UK will be cashless in 10 years
Nearly one in four UK consumers (23%) think the country will become a cashless society within 10 years, research from Equifax and Gorkana Surveys reveals... More
Fingerprint sensor market to grow at 17% CAGR
The fingerprint sensor market is expected to grow at a CAGR of 17% between 2015 and 2020, research from MarketsandMarkets has found, with its value projected to reach US$14.5bn by 2020 from $5.5bn in 2014... More
Europeans make more than 1bn Visa contactless transactions in 12 months
More than one billion contactless transactions worth in excess of €12.6bn have been made by Visa cardholders across Europe in the past 12 months, research from Visa Europe has found, with its customers spending €1.6bn using their contactless cards in March 2015 alone — a three-fold increase compared to the same month in 2014... More
“Highly interested” Canadians ready for mobile payments
Some 14% of Canadian consumers say they are highly interested in making in-store mobile payments and 11% are also interested in using a wearable device such as a smartwatch to do so, research from payment services supplier Tsys has revealed... More
38% of Americans back biometrics
More than a third (38%) of Americans believe biometrics will increase their smartphone security, while 25% are skeptical and 37% don’t know, research from Unisys Security Insights finds... More
25% of British consumers fear mobile payments will make them spend more
A quarter of UK consumers fear that using mobile payment services over cards and cash will see them spend more and make more impulse purchases, research from price comparison service uSwitch has revealed... More