Retail Systems: UK consumers ‘reject mobile payments’
30 October 2018
Despite the hype, research by IDEX Biometrics has revealed that mobile payments are almost as unpopular as cheques, with payment cards still overwhelmingly the most popular method when it comes to in-store purchases for UK consumers.
The fingerprint identification technology firm carried out 1,000 interviews in the UK using an online methodology amongst a nationally representative sample of adult consumers. It found that three quarters of respondents use cards – including contactless – most often, compared to cash (21 per cent), mobile payments (three per cent) and cheques (one per cent).