Mobile payment apps preferred over cash for Nordic face-to-face purchases

Mobile payment apps - smartphone payment at POS

Consumers in Nordic countries now prefer using their phones to pay even when in-person. Mobile payment apps have now risen to the second highest spot in terms of preferred transaction methods in Nordic countries. One in 10 consumers there prefers to use their phones when paying for in-person purchases. The percentage of people who prefer to use mobile payment apps is about twice as large as that of people whose top preference is for using cash (5 percent) when shopping in person. This makes the applications the second most popular…

Read More