The Contactless Payments in Poland - 2012. Market development – NFC technology – Prospects(single user)
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The Contactless Payments in Poland - 2012. Market development – NFC technology – Prospects
The report concerns the latest state of the Polish contactless payment market and mobile NFC payments. It is based on surveys carried out among all banks issuing contactless payment instruments, acquirers that operate contactless payments as well mobile operators on the Polish market.
Since 2011 in Poland was noticed a rapid increase in the number of contactless transactions concluded by customers. A significant penetration of cards and contactless POS terminals in Poland was achieved, enabling the practical use of the advantages of new technology, which are primarily convenience and speed of the transaction. These features allow the contactless cards to compete with cash payments, also in the area of low-value transactions. From this moment banking sector begins to gain profits from the investments in the development of contactless technology.
In 2012, one can observe new stage in the development of contactless payments on the Polish market, which was the long-awaited commercial deployment of mobile NFC payments. Thanks to this, Poland once again achieved the status of a European leader in the field of mobile payment innovation.
About the Author
Michał Polasik, PhD. Founder and president of POLASIK Research. Assistant professor at the Faculty of Economic Sciences and Management, Nicolaus Copernicus University (NCU) in Torun, Poland. Author of several dozen academic publications on electronic banking and retail payments. In 2002 won Marian Kanton Competition for a master’s thesis on payment systems. In 2005 was granted the NCU Rector’s award for a doctoral thesis. In 2007 and 2008 was the supervisor of a research project, commissioned by the National Bank of Poland. At present supervises a three-years-long research project entitled “The analysis of factors determining the development of electronic payment in retail in Poland” financed by the Ministry of Science and Higher Education.Pages: 51
Publication Date: November 2012
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