Contactless payments have become the most popular form of card transaction in the UK for the first time, new figures have revealed. The latest figures say that contactless has now overtaken Chip & Pin payments, having already toppled cash transactions earlier this year. The company estimates that 38.
Read MoreIt’s been four years since Apple launched Apple Pay, which together with Google Pay and Samsung Pay have ushered in the modern era of mobile payments.
Read MoreContactless cards have been a big hit around the world. In the U.K., the European Union (EU) and Canada, contactless payments account for two out of five face-to-face Visa transactions, according to newly released data.
Read MoreEftpos is looking to enable its Tap Pay technology on public transport in Australia, announcing on Tuesday that it would be fast-tracking the capability for use on buses, trains, and ferries.
Read MoreResearch by Square released on Monday shows contactless technology is now the preferred method of payment in Australia, with 51 per cent of consumers using it.
Read MoreThe Commonwealth Bank says there’s been a surge in tap and pay transactions over six months, with its own customers increasingly using their smartphones instead of their wallets when making payments.
Read MoreThe UK is continuing to lead the way as a global leader in payments technology, according to new data from Mastercard. The firm has revealed that almost half of all in-store card transactions made in the UK use contactless technology, making it the most widely-used form of electronic payment in Europe.
Read MoreTo help consumers experience new ways to pay, Visa has announced a new relationship with New York Fashion Week: The Shows. Through the on-site experience, consumers will be able to tap to pay with contactless cards and devices, the company said in an announcement.
Read MoreAmericans didn’t exactly rush to adopt contactless payments from the get-go. But, if worldwide trends are anything to go by, that could soon change. Globally, at least, the influence of contactless payments is on the rise.
Read MoreDavizro Photography – stock.adob British consumers are increasingly favouring contactless payments over using cash, despite enduring security concerns about the technology, MoneySuperMarket research shows.
Read MoreAmazon Go may be stealing the spotlight, but it is far from alone in the rush to revolutionize in-store checkout through the use of sensors, scanners, mobile devices and more. The ultimate goal of these projects is to reduce lines and increase foot traffic, but they rely on a solid foundation of digital payments technology.
Read MoreSquare’s stock has made new all-time high after new all-time high over the past year, capped off recently with news that cumulative downloads of their peer to peer payment app, Square Cash, have surpassed those of rival PayPal’s Venmo for the first time.
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