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Contactless payments gain ground

Mastercard contactless, cards, credit card, payment, POS, pay pass, tap and goThree quarters of Kiwis are now using contactless payments, Mastercard has said.

“Kiwis are embracing contactless as the fastest way to pay. Whether they are making small day-to-day purchases, or buying a larger household item, people are increasingly choosing to tap and go for the simple reason that it is quick and convenient,” says Ruth Riviere, Country Manager for New Zealand and the Pacific Islands.

There is an increasing number of consumers choosing contactless payments as their preferred way to pay, with this preference influencing where they choose to shop. It is therefore important retailers have payment options to ensure they meet this need and are well equipped to succeed in our increasingly cashless society,” said Riviere.

“Mobile and wearable payments are already available in New Zealand, and innovations in payments are progressing rapidly. New Zealanders are technologically savvy so will be excited to see what is on the horizon.

“Contactless payments are one of the most secure ways to pay, particularly because the card never leaves your hand, and is just as secure as swiping or inserting your card. However, if you are unlucky enough to have your card stolen, Mastercard card holders can feel confident that they are covered for any unauthorised purchases with Zero Liability protection,” she continued.

The method is being used most frequently at supermarkets (40 per cent). 25 per cent said they like to use the technology, if available, at retail shops.

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