Contactless Payments

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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 […]

Read More

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.

Read More

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.

Read More

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 […]

Read More

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.

Read More

The Time Is Now for Banks to Issue Contactless Cards

Now that the U.S. EMV transition is nearly four years old, financial institutions can focus on the next phase of digital payments: contactless cards. While contactless cards have had their fits and starts over the past few years in the U.S., a recent study from A.T.

Read More

Contactless’ Maturity Makes It a Must-have

As busy consumers with on-the-go lifestyles, we are always looking for ways to save time and simplify our daily routines, from finding the fastest route for our commutes, the shortest line at the grocery store, or the easiest way to order ahead.

Read More

Apple Pay to Account for 1 in 2 Contactless Mobile Wallet Users by 2020

Apple Pay to account for 1 in 2 contactless mobile wallet users by 2020 The number of mobile payments users who tap to pay using a contactless payment solution provided by their mobile devices maker will grow to 450 million people worldwide by 2020, according to a new forecast from Juniper Research.

Read More