Contactless Smart Cards, RFID, Payment, Transit and Security

Visa benchmark marks 2012 as the year for maintstream contactless adoption

Monday, December 26, 2011

Visa Europe launched its second quarterly Contactless Barometer benchmark, studying consumer attitudes and perceptions on contactless technologies across the UK, Poland and Turkey. Research is based on the surveys of 1,700 banked individuals and in-depth panel sessions with around 500 contactless card owners per market.

Results show that contactless owners value the convenience and ease of contactless payments, but suggests that the current relatively low acceptance levels in some markets is still preventing usage from becoming an everyday habit.


Seventy seven percent of contactless owners across all three markets agreed or strongly agreed that contactless technology would ultimately become more commonplace than cash as a payment method. Eighty seven per cent also agreed that contactless will be instrumental in bringing mobile contactless payments to market in the near future.

The research also provides insight into the role that banks and retailers can play in further stimulating consumer adoption of contactless payments:

  • Communication received from the bank either before or after receipt of a contactless card plays a vital role in driving understanding and awareness of the new service among contactless cardholders

  • External communications like TV and poster advertising is also cited by respondents as important

  • Collateral at the point-of-sale also plays its part in reminding consumers where they can use contactless payments

  • Incentives to use the technology would also be of interest once contactless infrastructure reaches critical mass

 [end] 

Asda Stores Ltd., a British supermarket chain, is planning to trial contactless payment technology in 25 of its stores, according to Computerworld UK.

The contactless systems will be supplied by both Visa and payment value chain Streamline. Customers will be to simply tap the reader with their contactless-enabled card to pay for goods up to £15, rising to £20 June 1, potentially reducing queue times.

read more »

Samsung and Visa are providing their sponsored athletes and trialists at the London 2012 Olympic Games with special edition Samsung Galaxy S III handsets equipped with Visa’s payWave NFC payments application.

read more »

On Track Innovations (OTI) has received an order for 30,000 of its NFC and contactless payment readers for deployment in the U.S.

OTI did not reveal who will receive the readers, but assured that the devices would be used to support the migration towards contactless payments and NFC in the U.S.

read more »

British journal Benchmark Magazine, a monthly publication about security technology, found after testing a variety of fingerprint readers, that those using multispectral imaging provide more consistent readings than those relying on optical scans only.

read more »

Be first to comment...
Comment on this article

Your full name and URL will be displayed with your comment.

Your email is not shown or shared, and is used only for your Gravatar image.




characters left.
Subscribe to the Contactless News Library
Gain access to the largest collection of Auto-ID analysis on the Internet.