The Switch On Quiz

Take our Switch On quiz to learn whether contactless payments is right for your business.

Question 1

Are you processing lots of payments every day?

Customers find the top benefit of Contactless is saving time.

Using Contactless during peak times helps manage queues, reduce cash handling and simplifies the payment process.

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All data sourced from Mastercard’s 2019 Digital Payments research

Question 1

Are you concerned the cost of Contactless outweighs its value?

It costs less to accept Contactless compared to credit cards.

Merchants pay an average of just 1.2% for accepting Contactless. That’s compared to 1.6% for accepting credit cards.

Switching on Contactless increases volumes being put through the till with faster transactions leading to extra sales.

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All data sourced from Mastercard’s 2019 Digital Payments research

Question 1

Do you sometimes get asked why you don’t have Contactless?

31% of customers find it frustrating when merchants do not have Contactless.

Contactless provides flexibility and choice to customers and it’s fast becoming the way people want to pay.

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All data sourced from Mastercard’s 2019 Digital Payments research

Question 1

Do you think Contactless is a less secure way to pay?

Contactless payments are one of the most secure ways to pay, they are just as secure as other payment methods like Eftpos.

Contactless technology uses encryption to protect against fraud. If a card is used fraudulently for payments under $80 without a PIN, then people are covered by their bank.

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All data sourced from Mastercard’s 2019 Digital Payments research

Question 1

Do you think more people will want to pay using their smartphone in the future?

Nearly half of Kiwis believe cash will not be used in 10 years’ time.

Using digital wallets, smartphones and smart watches to pay for things will increase as customers shift to the latest technologies.

As more of us live through our phones, mobile payments are something for Kiwi businesses to ensure they’re ready for.

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All data sourced from Mastercard’s 2019 Digital Payments research

Question 1

Are you interested in how Contactless can help your business?

We are amongst the highest users of Contactless in the world, with 73% of Kiwis tapping to pay.

Merchants who switch on Contactless find it frees up their staff to interact more with customers and provides a better payments experience.

Finish

All data sourced from Mastercard’s 2019 Digital Payments research

Finished

Contactless would be an ideal fit for your business! You can save time and process transactions faster. To activate contactless reach out to your bank manager.

Contactless could be a great way to get your business future ready! To activate contactless reach out to your bank manager.

Mastercard research suggests contactless is already playing an increasingly important role in how customers want to pay and provides significant benefits to businesses. Don’t miss the boat – talk to your bank manager about switching on today.

Contact your bank by clicking an icon below:

All data sourced from Mastercard’s 2019 Digital Payments research