With the introduction of Apple Pay, and the imminent arrival of Samsung Pay and Android Pay, there is doubt as to how long cash can hold on to its place in our wallets.
Contactless payment systems are going from strength to strength. Transport for London’s early transition to contactless was an immense success and a country-wide roll-out seems firmly on the cards.
The forecast seems fair, but to put these predictions into perspective we spoke to Head of Innovation at MBNA, Gary Watts, to get his thoughts on whether these conclusions are based on speculation or science – his thoughts are captured below.
Infographic by: www.mbna.co.uk