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New Data Shows Consumers Want Innovative Options to Stay Protected at the RegisterAlmost one year after President Obama's Summit on Cybersecurity and Consumer Protection, this new survey reveals consumer attitudes toward cybersecurity and electronic payments. Of the 2,028 registered voters surveyed, 75 percent agree stores should move as quickly as possible to adopt new forms of electronic payments that would help protect consumer information. Over six in 10 voters (63 percent) say stores and retailers should offer a number of payment types that consumers think are secure, compared to less than two in ten (19 percent) that say stores or retailers should only accept payment types that store prefers. "The poll clearly shows that choice and security are customers' priorities when making electronic payments. Consumers want diversity in payment options, which serves the dual purpose of giving customers what they want at the register and decreases the likelihood of security breaches," said Molly Wilkinson, executive director of the Electronic Payments Coalition (EPC). "Retailers and the payments industry must work together to serve their customers' best interests and protect their information-any push to mandate only one form of payment will not protect consumers from fraud." The survey also shows:
Morning Consult conducted a national survey of 2,028 registered voters from January 21-24, 2016. Results have a margin of error of ±2 percent. More information is available at www.electronicpaymentscoalition.org and see the infographic here: http://www.electronicpaymentscoalition.org/resource/infographic-consumers-want-choices/. About the Electronic Payments Coalition The Electronic Payments Coalition (EPC) includes credit unions, banks, and payment card networks that move electronic payments quickly and securely between millions of merchants and millions of consumers across the globe. EPC's goal is to protect the value, innovation, convenience and competition in today's growing electronic payments system. EPC educates policymakers, consumers and the media on the system's role in economic growth, and the importance of protecting consumer choice and stability for the continued growth of global commerce. View source version on businesswire.com: http://www.businesswire.com/news/home/20160211006171/en/ |