Survey finds that 70% of Irish consumers abandon mobile payment transactions

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Consumers in Ireland are not keen on making payments via mobile if the process is too difficult. New research from Elavon, a global payments expert, reveals that mobile payment transactions are abandoned by over two-thirds of mobile consumers in Ireland, when these consumers find the mobile payments process to be too tedious and difficult. Several aspects of mobile transaction processes frustrated online shoppers. Elavon’s mobile shopping experience study, which involved 1,000 adult mobile shoppers in Ireland, noted that there were primary sources of frustration that lead to mobile users abandoning…

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Contactless Visa debit cards now available through Bank of Ireland

Mobile Payments

The Bank of Ireland has announced the release of a new form of Visa debit card that is contactless, so that the consumer may make small purchases in “less than a second” by simply holding their cards over the reading device. The near-field communications (NFC) enabled cards can be used for purchases of €15 or less in a contactless transaction which functions with the user’s account at the Bank of Ireland. The same security protection that is available on all Visa cards also applies to the use of these cards.…

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