What do consumers want from new methods of payment?
It's a no-brainer.
The answer is almost always: more convenience.
When we have a choice between different ways of making a purchase, we tend to move towards the option that's less cumbersome and easier to use.
Today, more and more consumers find the next level of convenience in contactless payment – in all its different shapes, from cards to mobiles to smart wearable devices. Just tap, pay, and go.
Millions of people have already adopted contactless technology, and COVID-19 has boosted contactless payment adoption worldwide.
Usage differs from country to country, but growth is observed everywhere.
In Australia, for example, contactless transactions already account for 83% of the global amount of card transactions in 2019.
It's on the rise in China across the Middle East too.
Contactless payment is a safe bet.
Contactless payment is a safe bet anywhere carrying cash is inconvenient – like at significant events and festivals, when out and about in the city, on the beach, or in public transport.
Once you've gotten used to the added benefits like faster transactions and reduced queues, you don't want to go back.
Learn more on contactless payments: