We have always predicted that contactless spending would surge in popularity, and it’s good to see that being confirmed by Barclaycard’s latest research, indicating it has gone up by more than a third (34%) since the beginning of the year. Staggering figures, which clearly highlight its true potential.
We live in a fast-paced society – people want to be served as quickly and efficiently as possible, and contactless payments help to meet that demand.
The way we pay is changing, as a result of how technology-savvy society has become. I don’t think it will be long before we see a rapid rise in the adoption of mobile wallets – supporting the mobile and cashless world we live in. It has become hugely important for hospitality providers to keep up-to-date with these changes; those who don’t face the potential of being left behind and going out of business. Technology can help to open up opportunities, and the time has come to embrace it.