NFC mobile payments grow in Spain

The use and knowledge of mobile payments are growing among Spaniards year by year, according to the annual MasterCard Emerging Payments Barometer 2016. The study points out that 10.4% of digital users (those Spaniards between 24-55 years that have made online purchasing or contactless payments in the store in the last 6 months) use their mobile to pay at a physical store, through NFC technology. These payments, which include paying contactless (tap & go) with their mobile devices at the point of sale terminal (tap and go POS), have increased by 4.2 percentage points compared to last year. In addition, they are the most known (63%) and the best valued (34.2%).