UK retailer The Co-Op has predicted that 65% of all transactions at its supermarkets and convenience stores will be made using mobile phones by 2025. The forecast follows research released by the company which shows that almost 11m contactless transactions now take place at its 2,800 locations every month. More
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ShopKeep reports on mobile payment adoption
Nearly nine in ten US merchants using ShopKeep technology (87%) have seen little-to-no adoption of mobile payments at their business in the past six months, research released by the POS system provider reveals... More
61% of US Apple Watch owners use Apple Pay
Nearly two thirds of Americans with an Apple Watch (61%) use the device to make payments with Apple Pay, research from Fluent reveals... More
One in three UK consumers don’t trust contactless payments
Nearly one third (31%) of UK consumer never pay by contactless because “they don’t trust it”, research from Future Thinking reveals... More
Federal Reserve reports on US mobile payment adoption
Nearly a quarter of US adults with a mobile phone (24%) and 28% of those with a smartphone made a mobile payment in the 12 months prior to November 2015, a survey by the Federal Reserve reveals... More
A third of Americans unconvinced about mobile payment apps
More than one third of Americans (36%) don’t feel a need for mobile payment apps, compared to 12% of Mexicans and 13% of Chileans, according to mobile banking service Fintonic... More
Mobile payments to replace cash and cards by 2030?
Seven in ten consumers (70%) believe that 2030 will be the year that mobile payments become secure enough for traditional payment methods such as cash and cards to no longer be required, the IEEE’s Global Cyber-security Survey has found... More
Nearly half of top marketers plan to invest in NFC in 2016
Close to half (46%) of the top marketers surveyed for a new location-based marketing report say they plan to invest in NFC this year. 41% plan to invest in Bluetooth beacons, 63% in WiFi and 57% in GPS. More
Nielsen reports on mobile wallet market in India
Paytm is the most popular mobile payment app among Android smartphone owners in urban India, research from Nielsen reveals, with 39% of users with an internet connection making use of the service for an average duration of 70 minutes a month. More
Study examines attitudes to contactless payments in the UK, Germany and Spain
More than 90% of British, German and Spanish business leaders interviewed for a survey of attitudes to contactless technology have already invested in contactless projects and expect that 10% of all transactions will be contactless within the next three years, a white paper now available to download from the NFC World+ Knowledge Centre reveals. More
Apple Pay tops US merchant mobile wallet requests
Nearly half of US point of sale merchants (44%) are using or have requested information about mobile wallet solutions and 67% of those wanted Apple Pay, an investor note by Piper Jaffray analyst Gene Munster reported by Barron’s reveals... More
58% of millennials prefer friends to pay cash
Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More
Generation Z leads the way in US mobile payments adoption
US consumers aged between 18 and 24 are by far the most likely to make a payment while using their mobile phone, research from GfK shows, with more than half (53%) having made a mobile payment while using the internet in the past six months... More
White paper explores future of connected living
A 25-page white paper that explores how young adults expect mobile technology and connectivity to develop over the next ten years is now available to download from the NFC World Knowledge Centre... More
US EMV adoption slower than expected
Some 37% of US merchant locations are now EMV-ready, according to management consulting firm The Strawhecker Group (TSG)... More
Trust in Apple as a mobile wallet brand increases in the UK
Trust in Apple as a mobile wallet provider has increased to 25% among UK consumers, nearing the 27% trust shown for MasterCard, market researcher Marketing Sciences reveals... More
Apple Pay awareness, adoption and usage drops in the US
One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey. More
Kiwis warm to mobile payments and biometrics
More than four in ten New Zealanders (41%) would consider using NFC mobile payments today and 44% believe mobile payments will be the next thing to take off, followed by biometrics/facial recognition/fingerprints (21%) and wearable technology (18%), research from MasterCard reveals... More
Study reveals global views on payment data security
A 16-page study that presents findings from research into how companies approach payment data security is now available to download from the NFC World Knowledge Centre... More
A third of US consumers now use mobile wallets
Nearly a third of US consumers (32%) are currently using a mobile wallet such as Apple Pay or Android Pay, research from Vibes reveals... More