Most consumers in Maitland are using tap-and-go technology to pay for goods and services, according to new data from Beyond Bank.
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Tap-and-go technology, including Pay Wave and Pay Pass, involves consumers tapping their credit card or debit card on a scanner to make payments, rather than inserting or swiping and entering a PIN number.
Of the 2000 people surveyed in Maitland, 76 per cent of respondents said tap-and-go was their preferred method of payment for over the counter transactions.
Most respondents, 1400 people, said they used tap-and-go most at supermarkets, while almost 400 said they used the method most at cafes or restaurants.
Maitland branch risk and business optimisation general manager Ray O’Brien said security of tap-and-go cards was a concern often raised with him.
“But there’s a lot of misinformation around how secure cards are now,” he said.
“Australia is at the forefront of card security technology, and fraudsters are struggling to keep up.”
Nick Bielby
Nick Bielby is a crime reporter who has worked as a journalist since 2011. Having joined the Newcastle Herald in 2017, he won a Walkley Award in 2019 with Donna Page for their investigation 'Dirty Deeds', which exposed the decades of illegal dumping of toxic material in and around a Hunter waterway.
Nick Bielby is a crime reporter who has worked as a journalist since 2011. Having joined the Newcastle Herald in 2017, he won a Walkley Award in 2019 with Donna Page for their investigation 'Dirty Deeds', which exposed the decades of illegal dumping of toxic material in and around a Hunter waterway.
