Nets: Pandemic accelerates contactless payment adoption in the Nordics
- Year-on-year contactless payment adoption enters double digit growth for the first time as social distancing steers Nordic consumers away from chip and PIN
- The first four months of 2020 during which the Nordics imposed strict COVID-19 social distancing measures
- In the first 16 weeks of 2019, contactless usage proportion of all card transactions performed in Denmark, Norway and Sweden
- The convenience of ‘tap and go’ contactless payments has always been popular in the Nordics
- In Finland contactless payment adoption, as a proportion of all card payments is 63.7%
- Contactless payments through mobile devices, such as Apple Pay and Samsung Pay, work on all payment terminals with contactless functionality