The contactless revolution is likely to delay consumer adoption of mobile payments. In the United Kingdom, consumer use of contactless cards is surging as the number of contactless cards and terminals rises. Concurrently, mobile payments are struggling to gain consumer traction despite the availability of Apple Pay and other services. Continuation of the contactless “revolution” will further delay adoption of mobile payment for the next few years.
The Impact of Contactless Cards on the U.K.’s Mobile Payments Future
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Published on: September 22, 2015
Author: Tristan Hugo-Webb
Alternate Point of Contact: Amy Dunckelmann