Czech Banks See Growing Use of NFC Wallets Though Contactless Cards Still Dominant

Czech Banks See Growing Use of NFC Wallets Though Contactless Cards Still Dominant

By: 

Dan Balaban

NFC TIMES Exclusive Insight –  Banks in the Czech Republic say they are seeing significant and growing use of NFC-enabled smartphones and wearables, although the large majority of consumers continue to tap their contactless cards, not NFC devices, for in-store payments.

Related stories, automatically selected: 
Study: Apple Pay Dominates Mobile Payments Among Debit Card Users in U.S., Though Volume Remains Low
Analysis: Apple Touts Growth, as It Releases First Global Transaction Figure for Apple Pay; but Service Continues to Face Challenges
Apple Launches Express Transit in London; Mobility Service also Adds NFC Payments Feature in Apple Wallet
Market Research Firm: Apple Pay Surpasses Starbucks App in Users in U.S.
Cubic Strikes Deal with Google to Enable Closed-Loop Transit Payments in Google Pay
In-Depth: Persistent Consumer Security Fears about Mobile Payments Prove Difficult to Dislodge
Research Firm Projects Use of NFC Mobile Wallets in U.S. to Remain Disappointing This Year
Apple Again Promises to Push Transit Ticketing as It Seeks Broader Adoption of Apple Pay
Filings Point to Plans for Global Expansion of Apple Card and Apple Cash
Apple Pay to Finally Support Octopus Card in Hong Kong, as Competition Grows in Market

read more