Report: Most Consumers Don’t Trust NFC
It’s basic human nature to fear or distrust that which isn’t known or well understood. As a result, many consumers continue to exhibit a lack of faith or trust in near field communications technology – specifically, NFC payments. YouGov’s “The Future of Mobile Digital and Contactless Payments” report indicates that 35% of UK adults are aware of NFC-enabled mobile devices, but fewer than one in ten (9%) mobile and smartphone owners know that their device is NFC-enabled. Even worse, only 22% of these individuals ever use it to make payments.
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