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Survey: Germans coming around to NFC, contactless payments

02 February, 2012

By: Ryan Clary

category: Contactless, NFC

0

A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

Moreover, 58% of respondents said they would make contactless payments for public transportation, 55% would pay at the gas station, 42% for general shopping, and 37% for quick purchases at markets and convenience stores.

Security concerns still appear to be an issue, with only 26% responding that they are confident about the security of the the technology, and 48% replying that it is “relatively safe.”

The German banking industry is now offering contactless payments in the form a “girogo” card, which can be used to make tap and go payments for €20 or less.

According to Euro Kartensysteme, Germany has traditionally been less receptive to contactless payments than its European neighbors. The results of this latest survey, however, are beginning to tell a different story.


Tags: Contactless Payments, Mobile Payments, NFC, Payments

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