TIL: Contactless payments such as phones, cards, etc have numerous studies that shows users spend more. This is due to the removal of the "psychological pain" of spending. Users will spend twice a... (www.newsnationnow.com)

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The original was posted on /r/todayilearned by /u/Flares117 on 2024-09-19 20:28:32+00:00.

Original Title: TIL: Contactless payments such as phones, cards, etc have numerous studies that shows users spend more. This is due to the removal of the "psychological pain" of spending. Users will spend twice as much. Coincidentally, the rise of frictionless payment correlates with rising consumer debt worldwide.

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this post was submitted on 19 Sep 2024

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