The Impact of Contactless Cards on the U.K.’s Mobile Payments Future
- Date:September 22, 2015
- Author(s):
- Tristan Hugo-Webb
- Research Topic(s):
- Global
- PAID CONTENT
Overview
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.
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