Digital Payments Transformation Survey by SIA

Presented in Warsaw on the occasion of the conference about the future of the payments industry in Poland, the results of the SIA survey on the perceptions and attitudes of Poles towards digital payments

41% of respondents perceive contactless payments to be the most modern method among the different non-cash payments available on the Polish market

For 55% , speed and time savings are the most important values of e-payments

Innovative solutions in the bank offers considered very or rather important for 56%

About security, only 15% admitted to personally knowing people who are victims of fraud, provoked for 24% by recklessness and negligence

Nearly 75% would like to pay in public administration offices by card

Warsaw (Press Release) – Today in Warsaw during the Accelerating the payment transformation conference, aiming to explore the future of the payments industry in Poland, the SIA survey carried out by ARC Rynek i Opinia was presented. The survey of a sample of about 800 respondents provides a deep insight into attitudes towards modern methods of non-cash payments among Poles.

When it comes to being seen as modern - among the different methods of non-cash payments available on the Polish market - contactless payments are the ones mostly perceived as such (41% of responses to the spontaneous question), followed by payments via mobile devices (36%), payment cards or online bank transfers (35% of responses respectively).

The perception of being modern is not however always followed by acceptance and wider usage in real life. It did prove right for contactless payments and credit cards: the results of the research show a strong connection between the knowledge and usage of this form of payments. 96% of respondents had heard about c-less payments and credit cards, while 82% are the users who represent the 9% increase in comparison with last year’s results.

The survey also demonstrates the sharp contrast in the case of payment systems such as PayPal, SkyCash, MobilNET (75% of respondents knew about them, but only 14% declared they are users) or payments via mobile phone using NFC technology (known by 74% but used by only 4%).

Electronic payments are mostly valued by Poles because of the speed and time savings (over half of the respondents, 55%) and using them means that you do not need to carry cash (20%). Another important element associated with this type of payment is convenience stated by over 1/3 of the respondents (35%). Furthermore, the research shows – especially in the case of non-cash payments for small-scale shopping – almost 40% of respondents indicated they were denied payment by card for purchases of minor amounts: still it confirms that one of the biggest barriers to the further popularity of this type of payments are the sellers.

Yet, the values most associated with electronic payment are user friendly (90% of respondents), innovation (43%) and security (36%).

Transaction security has always been an issue widely discussed whenever the subject of modern payment methods comes along. Generally different payment methods are perceived as equally secure, as for example payment system by mobile phone (authorization-code) or contactless payment/credit card: in the last three year period, the latter have been assessed with the highest security level. The really interesting data come when respondents were asked if they personally knew anyone who had fallen victim to a fraud: a positive answer was given by only 15% of respondents and 24% were convinced it had been provoked by the victim’s recklessness and negligence.

45% of Polish respondents confirm they are less and less interested in novelties in the field of payment options, because there are already so many of them. Promoting additional forms of non-cash payment will face increasing difficulties arising from competition, as there are already many services available on the market. With even greater novelties like Google app for payments, the majority of consumers simply do not have an opinion whether it could be a solution for them or not. As a result, the launch of such innovations will require a complex communication, but on the other hand it is a good opportunity to promote benefits of using modern forms of payments.

Nearly 2/3 of respondents recognize that both banks and customers are beneficiaries of modern methods of non-cash payments. When it comes to banks’ benefits, the most frequent element pointed out is profit, but also promotion of the institution, while convenience and speed are praised from the customers’ perspective. Additionally, 56% of the respondents consider it very or rather important if the bank offers innovative solutions when taking a decision about being a client of bank. Being familiar with new payment methods does not correspond to the acceptance of new players on the market; a non bank institution offering the opening of a bank account is perceived as an attractive proposal by only 17%, while 38% have not got strong opinion about it.

While it is a common belief that the market offers plenty of payment card solutions for businesses like eshops, the results of the survey show a different picture in the case of the public sector. Nearly 75% of respondents, who had not had such a possibility, would like to pay in public administration offices by card. 72% would prefer to pay a traffic ticket issued by a policeman, 71% would prefer to pay a fine to the conductor when caught with an invalid ticket and 64% would be interested in paying income tax using a card.

About ARC Rynek i Opinia:

ARC Rynek i Opinia is an independent Polish market research institute providing research services since 1992 for companies across all the sectors. It’s an active member of leading research organisations, including OFBOR (Organisation of Market and Opinion Research Firms), PTBRiO (The Polish Society of Market and Opinion Researchers) and PKJPA (Interviewer Quality Control Scheme). ARC Rynek i Opinia holds the programme certificates in qualitative research, PAPI, CAPI, CATI, self-completed and mystery shopping studies. It’s the only one research institute in Poland belonging to IRIS, the international network of over 30 independent research agencies from all over the world.

About SIA:

SIA is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and Public Administration bodies, in the areas of payments, e-money, network services and capital markets. SIA Group provides its services in around 40 countries, and also operates through its subsidiaries in Hungary and South Africa. The company has offices in Milan, Brussels and Utrecht. In 2014, SIA managed 9.2 billion credit transfers and collections and 3 billion card payments, 30.2 billion trading and post-trading transactions and carried 326 terabytes of data on the network.

The Group is made up of six companies: the parent SIA, the Italian companies Emmecom (innovative network applications for banks and businesses), Pi4Pay (services for Payment Institutions), and TSP (front-end services for companies and P.A. bodies), Perago in South Africa and SIA Central Europe in Hungary. The Group, which has approximately 1,500 employees, closed 2014 with revenues of €426.3 million. For more information, go to.