1-in-4 Europeans want to pay via wearable devices

Text

Over 175 million Europeans believe they’ll start using contactless payments via a smart watch, bracelet, cheering or other wearable device, research by Mastercard has found. 

Mastercard and Maestro contactless spending surged 145% in 2017 and the popularity and convenience of being able to tap and go has spurred many Europeans to consider other new ways to pay.

“Europe leads the world in contactless payments and its overwhelming success has created a demand for even greater convenience,” said Mastercard’s Paolo Battiston. “Shoppers' trust in contactless is greater than ever, and in turn it seems they are ready to take this one stage further by trying contactless through connected devices.”

The number of European retail locations accepting contactless payments is up 42%, while 38% of all in-store transactions are now contactless. In the Netherlands, this figure is even higher, with over half of payments made via contactless technology, according to ABN AMRO.

As well as enjoying the handiness of going contactless, consumers are also less concerned about potential fraud arising from using this type of payment; worries over fraud fell 24% Europe-wide, with such fears down 41% in the Netherlands, 33% in Spain and 31% in the United Kingdom.

Author

Ingenico

-

Corporate Publication

Também em Customer experience

13 May 24
Pagamentos Seguros: Como Proteger Seu Dinheiro nas Transações com Maquininhas de Cartão
14 Mar 24
Como estamos desenhando o futuro da Ingenico SAR?
11 Dec 23
Sustentabilidade: uma jornada para garantir o futuro
11 Dec 23
Programa StartupIN: unindo forças para inovar
28 Nov 23
Innovation Breakfast: insights, inovação e colaboração
01 Nov 23
Três tendências tecnológicas sobre o futuro dos meios de pagamento
23 Oct 23
Aproxime, pague, siga: A revolução dos pagamentos sem cartão no Brasil
18 Sep 23
Como o modelo ‘Compre Agora Pague Depois’ vai mudar o varejo
prev next