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Mastercard consumer survey reveals rise in digital payments in Kenya Shares New research from Mastercard shows that the adoption of new payment technologies is rising, and consumer appetite for new, fast and flexible digital experiences continues to grow. The Mastercard New Payments Index shows 99% of Kenyan consumers will consider using at least one emerging payment method, such as cryptocurrency, biometrics, contactless, or QR code, in the next year. Over 77% of respondents surveyed agree they have tried a new payment method they would not have tried under normal circumstances. However, the...

 07 May 2021 - 9:30 The Peninsula As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced e-commerce and explored the potential of new ways to pay. More than a year later, research from Mastercard shows that the adoption of new payment technologies is rising, and consumer appetite for new, fast and flexible digital experiences continues to grow. The Mastercard New Payments Index shows 9...

As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced e-commerce and explored the potential of new ways to pay. More than a year later, research from Mastercard shows that the adoption of new payment technologies is rising, and consumer appetite for new, fast and flexible digital experiences continues to grow. The Mastercard New Payments Index shows 99% of Kenyan consumers will consi...

UAE consumer appetite for digital payments takes off DUBAI, 2 hours, 46 minutes ago Research from Mastercard shows that the adoption of new payment technologies is rising, and consumer appetite for new, fast and flexible digital experiences continues to grow.   The Mastercard New Payments Index shows 97% of UAE consumers will consider using at least one emerging payment method, such as cryptocurrency, biometrics, contactless, or QR code, in the next year.   Over two-thirds of respondents (66%) agree they have tried a new payment method they would not have tried under normal circumstan...

Over three-fourths of respondents (77 per cent) agree they have tried a new payment method they would not have tried under normal circumstances, but the pandemic has galvanized people to try flexible new payment options to get what they want when they want it. With this interest and consumer demand also comes a greater expectation for businesses to provide multiple ways to shop and pay. In fact, 88 per cent of Kenyan consumers say they are more excited about shopping at retailers who offer the latest payment methods. Additionally, 81 per cent Kenyan consumers say that digital payment methods ...