Apple Pay on pace to account for 10% of global card transactions

Re:Apple Pay on pace to account for 10% of global card trans... by dragonsky67 on Tuesday February 11, 2020 @06:57PM (#22304305)

In Australia I would say that about 90% of card transactions are contactless and of them a good 30% use some type of phone payment. Isn't even blinked at any more.

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Re:Apple Pay on pace to account for 10% of global card trans... by ticmasta on Tuesday February 11, 2020 @07:18PM (#22304452)

Is debit payment a big thing in Australia? For smaller payment amounts I see debit cards way more frequently than CC or mobile.

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Re:Apple Pay on pace to account for 10% of global card trans... by ryantriangles on Wednesday February 12, 2020 @10:30AM (#22309561)

Debit payments are around 3x as popular as credit payments here and there is, last I heard, a 50-50 split between using cards and phones to make them. There's an interesting demographic association to it as well, credit is much much more popular with older people (50+). Every few months you see a "millennials are killing the credit card industry" fuss.

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