In Paysafe’s Lost in Transaction: Payments Trends 2018 report, consumers in the US, Canada, the UK, Germany and Austria were questioned about their payment preferences.
Looking at current payment methods, the study from the online payments company found that the UK was far ahead with its adoption of contactless payments, with 54% of respondents having paid using the method in the past month.
Germany saw just 9% of users and the US ranked lowest with 3%.
Consumers are clearly still getting to grips with these methods, but there are already plans to move into the next wave of payments.
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