Briefs: CUA customers adopt mobile payments, professional indemnity premiums decline 25 June 2015 4:26PM Banking Day staff Briefs, The number of customers using CUA's redi2PAY HCE mobile payments service more than 35 times per month was about three times higher in March 2015 than six months earlier. The number of customers using mobile payments five to 14 times per month increased 63 per cent over the same period, the credit union has revealed. As NFC world has reported, the top five retail categories for redi2PAY mobile payments are the same as the top five categories for Visa PayWave debit card purchases, leading Chris Malcolm, head of customer insights at CUA to conclude that "early adopters of mobile payments technology are literally swapping their debit card for their mobile phone." The Australian Prudential Regulation Authority's statistics for the aggregated (level 1) data it collected on the insurance sector show that the national average written premium for professional indemnity risks in the 2014 year was A$2,303, down from $2,511 for the 2013 underwriting year. This was the tenth consecutive year of decline. The national average written premium for PL risks in the 2014 underwriting year was $705, down from $728 for the 2013 year.