Almost 8 from 10 people choose contactless payment
According to a recent global consumer survey – conducted by Mastercard in 19 countries in the first quarter of 2020 – 79 percent of shoppers choose contactless payment; the main motivations are safety and hygiene. In February and March many countries introduced safety measures because of the coronavirus pandemic, which instigated the majority of consumers to turn to contactless payment solutions.
At a global level 46 percent of consumers switched to bank cards that make contactless payment possible. 82 percent of consumers reckon that contactless payment is more hygienic, plus it can make the checkout process ten times faster. Data by Mastercard reveals that in the first quarter of 2020 the number of contactless payment transactions jumped more than 40 percent at a global level.
//
Related news
Euromonitor International 2025: everything for your pet!
The global pet care market is expected to reach the…
Read more >Cost-consciousness and tech-openness – this is how Hungarians travel abroad this year, according to a Visa survey
36% of Hungarians plan to take a vacation abroad during…
Read more >8 in 10 consumers now rely on AI search
About 80% of consumers now rely on AI-generated search results…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >