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Consumers in the United Kingdom would rather use mobile phones and contactless debit and credit cards than contactless prepaid cards for purchases of 50 UK pounds (US$71 or 55 euros) or more, suggest survey data released Thursday by France-based terminal vendor Ingenico SA. UK-based Loudhouse Research conducted the online interviews of 1,000 consumers in December. Of the respondents, 33% said they would prefer to use contactless debit and credit cards for higher-value purchases. That compares with 29% who would prefer using mobile phones and 22% who would prefer using contactless prepaid cards. Generally, issuers expect consumers to use contactless cards for daily, low-value purchases of no more than 10 pounds to 25 pounds. The survey data suggest "that debit and credit payment are synonymous with larger spend amounts," Ingenico says in a statement. Additionally, respondents cited convenience, not security, as the main reason for their interest in mobile payments.
