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ARTICLE · 01 OCTOBER 2015

Paying Up, Smartish

Deloitte's latest mobile consumer survey shows that we are increasingly using our smartphones to pay for things – so what impact does that have on the store?

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Deloitte's latest mobile consumer survey shows that we are increasingly using our smartphones to pay for things – so what impact does that have on the store?

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Over 1.2 million smartphones are sold in the UK every fortnight.  More than 50% of smartphone users look at their device within 15 minutes of waking up.  Around two thirds use their smartphone at work, while a brave few admitting to frequent use in business meetings. As usual, the latest Mobile Consumer survey is crammed full of interesting statistics.  But for an industry used to seeing exhilarating growth in the use of new technologies, the adoption of smartphones as a way of paying for items in stores has been comparatively slow. That appears to be changing however, aided partly by consumers' growing familiarity with contactless cards, a similar concept that is also rapidly gaining acceptance.

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