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Contactless Payments Were Surging Prior To COVID-19 Pandemic, Study Finds

Published on Oct 28 2020 9:59 AM in Technology tagged: Trending Posts / Payments / Paywall / NFC / Contactless Technology

Contactless Payments Were Surging Prior To COVID-19 Pandemic, Study Finds

A new study has found that contactless payment technology has seen a surge in use during the pandemic, having already experienced increased demand prior to the onset of COVID-19.

The ABI Research study found that 45% of consumers across nine countries (United States, China, Japan, South Korea, United Kingdom, Spain, France, Germany and Italy) use contactless payments, with more than two-thirds of customers having two or more cards stored in their digital wallet.

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