Increase was fueled by NFC’s contactless capability and concerns around the COVID-19 pandemic
An ABI Research study sponsored by the Near Field Communication (NFC) Forum revealed that 85% of consumer respondents, who were surveyed across nine countries, have used an NFC contactless card or mobile payment wallet, while contactless payment card usage has increased by 30% over the last two years.
This increase was fuelled by NFC’s contactless capability and concerns around the COVID-19 pandemic, along with the continued growth in wearables, smartwatch, and mobile phone users. In addition, the data uncovered a trend, with 95% of respondents having used NFC contactless technology to pay for a product in the last year. This includes data showing nearly half of consumers having used NFC to pay for public transport and over a third have used NFC for consumer product interaction on products such as clothing, alcohol or luxury items. One of many interesting regional differences was that virtually every South Korean surveyed used NFC technology every day.
“Impressive NFC wallet usage was complimented by high user satisfaction levels, safety and security confidence, and improved familiarity with NFC,” said Andrew Zignani, Research Director, ABI Research. “On average, 85% of respondents had used contactless technology, representing usage growth of 30% for contactless card usage when compared to 2020 survey results. Apple Pay and Samsung Pay also recorded impressive usage growth, with a 37% and 35% increase in uptake for their respective solutions.”
Related Articles
Rohde & Schwarz 170 GHz power sensors ease use and traceability in the D-band
Rohde & Schwarz is launching the new R&S NRP170TWG(N) thermal power sensor for precise power level measurements in the D-band. The new R&S NRP170TWG(N) sensors from Rohde & Schwarz are used in general R&D for 6G mobile communications, novel sub-THz...
Leveraging UWB and BLE in Manufacturing Environments
Manufacturing processes are being revolutionized by pin-point tracking and monitoring, leading to optimized workflows and enhanced safety protocols within the factory environment Manufacturers are always on the lookout for innovative solutions to transform their...
Infineon introduces the industry’s first USB 10 Gbps peripheral controller
Infineon tells us that its EZ-USB family of programmable USB peripheral controllers has continuously advanced features and performance, enabling developers to create USB devices that meet the highest performance requirements in AI, imaging, and emerging applications....
Stay Up to Date With The Latest News & Updates
Our Sponsors
Incisor.TV partners with leading organisations in the technology sector.
Follow Us
And stay up to date with our news! We are active across the key social media platforms – please do follow us!
0 Comments