Contactless Payments

Visa: Why the US Is Finally Ready for Contactless

Contactless 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.

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Nearly Half of All UK Payments Are Contactless

The 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.

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Visa Highlights Contactless at NY Fashion Week

To 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.

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In-Store Contactless Payments Volume to Reach $2T in 2020

Americans 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.

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Britons Concerned Over Security of Contactless Payments, Research Finds

Davizro Photography – stock.adob British consumers are increasingly favouring contactless payments over using cash, despite enduring security concerns about the technology, MoneySuperMarket research shows.

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Cashierless Checkout: Everything You Need to Know

Amazon 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.

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Proof That Square Is Completely Disrupting Payment Processing

Square’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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Why Alphabet Wins in Costco’s Coming Payment Revolution

Financial technology has reached a point of inflection. A new set of winners is emerging in the digital payments industry. Costco ( COST) is reportedly ready to begin rolling out contact-less payments at all of its 750 warehouses. It is a big win for Apple ( AAPL) Pay, the software that lets iPhone users tap […]

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Unlike Costco, Walmart Has ‘No Plans’ to Accept Apple Pay

Costco, the world’s second largest retailer behind Walmart, recently confirmed that it now accepts Apple Pay and other contactless payment methods at all of its 750 warehouse locations in the United States. Walmart appears to be unfazed by the move, however, as it remains committed to its own Walmart Pay platform in the United States.

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Study: UK Consumers Want Higher Contactless Limit

New research from GoCompare in the U.K. reveals that 42 percent of contactless payment users would like to see the limit for transactions increased, according to a press release about the report.

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Data: Who Wants Contactless Cards?

The U.S. may be next to see a surge of contactless credit cards, following other major markets around the world. In many locales similar to the U.S., consumers tap to pay for about 20 of all in-store transactions using Near Field Communication-equipped cards, far surpassing the number of mobile payment users. But it’s unclear whether […]

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Contactless Payments Become Top Choice for UK Adults

Research from comparison website GoCompare Money has shown that contactless payments have become the top choice for UK adults, with more than 75 using this method of payment in the past year.

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