Majority of the New Zealanders are using contactless cards to pay for purchases less than $80, according to a new independent research conducted by global business intelligence provider RFi.
The New Zealand payments survey has revealed that awareness of contactless cards among customers has increased to 86% while ownership has increased to 36% in May this year.
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According to the survey, usage of contactless cards has more than doubled to 18% since six months.
Nearly half or 45% of younger New Zealanders aged between 25 to 34 years have a contactless card in their wallet and one in four among them uses their card, the survey found.
Furthermore, the average value of purchases made on a contactless card by consumer’s in November was NZ$41.30, compared to NZ$47.20 in May 2013, which states that an increased volume of payments and the technology are being widely used for smaller everyday purchases.
The survey found that nearly half or 42% of Kiwis use their contactless cards paying for fuel or groceries. Besides petrol stations and supermarkets, cafes, fast-food outlets and warehouses are also taking benefit of contactless payments in the past six months.
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By GlobalDataVisa country manager, New Zealand and South Pacific, Caroline Ada, said that the rise in contactless card usage is consistent with the company’s figures.
"We now have more than 1.5 million Visa payWave cards and more than 12,000 payment terminals around the country," Ada added.
