CHANGING CONSUMER SPENDING HABBIT

With the rise of contactless card and mobile payments, there’s no denying that consumer spending habits are changing as technology continues to evolve, with contactless payments now making up over 50% of all card payments. The question that will be on many business minds over the next few months, however, will be “How will this impact my consumer relations?” Contactless Technology. It’s been less than a decade since Barclaycard introduced their contactless technology to the UK, but already we’ve seen a contactless adoption rise at a rapid pace, with contactless already making up 51% of card payments, a 90% boost in usage in the past year alone. Read more

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Agape Ishabakaki

Business and Investment

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