Eighty-six percent of Taiwanese prefer using smartphones to make daily payments, a survey by Visa Inc released yesterday found.
The second most popular device for paying was smart watches at 25 percent, followed by connected devices at 12 percent, chip implants at 12 percent, and car-mounted dashboard systems at 5 percent, the survey showed.
Visa said the results show that mobile phones have become an indispensable part of local consumers’ daily lives.
Mobile phone also plays a big role in shopping, with the survey showing marked annual gains in shopping-related activities, including a 83 percent rise in merchandise browsing, a 71 percent rise in pricing comparisons, a 63 percent rise in payments as well as a 55 percent rise in researching of prospective purchases, Visa said.
As online shopping becomes the new norm, fashion, travel and food has risen among the top spending category for Taiwanese consumers, Visa said.
To accommodate the changing spending habits of Taiwanese consumers, Visa said it has launched a number of credit and debit cards that may be tied into popular messaging, taxi and third party payment services.
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