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Mobile Payments Driving Contactless Dominance in Nordics as Cash All but Disappears

Fintech Finance

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

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Mobile payments driving contactless dominance in Nordics

Neopay

Card payments dominate the Nordic payment landscape , with 90% of shoppers using them for contactless payments either daily or once a week, according to new research conducted on by Nets. 12% of Nordic consumers state that they only pay with their mobile phone, citing no need for a physical wallet at all.

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Mobile Payments Rising in Nordics as Nets Reveals Different Payment Attitudes and Preferences

The Fintech Times

A new report detailing the payment habits of consumers in the Nordic countries has been published by Nets , part of the European paytech, Nexi Group. It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise.

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Mobile Payments On Smartphones Soar In Japan

PYMNTS

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. It also predicts that by 2023 the number of mobile payment users will rise to nearly 28 million, 25 percent of the population.

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MeaWallet Partners With Toqio to Expand Its Digital Card Capabilities

Fintech Finance

MeaWallet , a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio , a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain.

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Apple card pushes payment companies to up their mobile game

Payments Source

Payments providers can use this announcement as a chance to evaluate their mobile payment offerings and gain a better understanding of consumers’ evolving expectations in order to better serve their merchants, writes Casey Bullock, general manager of global enterprise e-commerce for North America at Worldpay.

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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. Around The World Of Smarter Payments. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM.