Over a third of students want to pay for goods with their smartphones, a new survey from Vista Retail Support has found.
The survey, which was conducted shortly after the launch of the Android Pay app, also found that smartphone payment solutions are almost as popular with students as contactless cards, which are owned by 71 per cent of students, despite having been available for a much shorter time span.
One in 10 of survey respondents currently possess a form of wearable technology, while only four per cent chose wearables as their preferred method of payment.
James Pepper, technical services director at Vista, said: “As retailers prepare for the annual influx of students, they must ensure they can cater to this valuable demographic and turn them into loyal customers.”
Students spent more than £30 billion in 2015, according to ONS data – a figure which is set to rise to £37 billion by 2020.
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Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
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