During the past two months, the European Payments Council (EPC) invited professionals working in the payments industry to answer the following question: “In your opinion, which proximity technology will see the largest adoption for instant payments at the physical point of interaction in the coming 5 years?”
The results were as follows:
The results show a wide range of opinions, but it is however worth highlighting two leading answers: more than half of the voters (52%) agreed that near-field communication (NFC) as well as nearly a third agreed that merchant-presented Quick Response (QR)-codes (32%) will see the largest adoption for instant payments at the physical point of interaction in the coming 5 years. The remaining voters choose consumer-presented QR-codes (9%) and the last 6% of voters choose equally Bluetooth low energy (BLE) (3%) and other (3%).
Your reactions
If you would like to comment on this article, please identify yourself with your first and last name. Your name will appear next to your comment. Email addresses will not be published. Please note that by accessing or contributing to the discussion you agree to abide by the EPC website conditions of use.