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Contactless cards increasingly popular in Slovenia

Ljubljana, 03 December (STA) - An increasing number of Slovenians use contactless cards to pay for their purchases. According to a study by Mastercard, more than half of the respondents (54%) use contactless cards at least once per week, which is up 10% compared to last winter.

The study indicates that Slovenians aged between 18 and 55 have three cards on average, with around 80% of them using a card as their payment method of choice at least once a week. 12.5% of Slovenians also use cards to pay for products online.

As far as contactless payments go, those who do not use it, have decided against it mainly because they have security concerns (31%) or they have not been offered a contactless card by their provider of financial services (27%).

On the other hand, those who trust contactless cards tend to be happy with the speed of the transaction (78%), its simplicity (75%) and its convenience (73%).

The data suggests that Slovenians follow the trends in transition to cashless society, but they do put security among their top concerns, in particular with contactless cards (54%).

This translates into three-quarters of the respondents claiming that the user should be in constant contact with the contactless card. The share has increased from 61% in 2016.

Looking five years into the future, 69% of the respondents said that cards would be the most used method of payment, but the share of those who believe that mobile phones will be the most used method has increased to 26% from 10% in 2015.

As many as 55% would be willing to use an app developed by their bank to pay for their purchases, and another 13% would be willing to use other apps.

The survey was conducted online by pollster Mediana among more than 1,000 individuals.

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