Contactless Payments

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.

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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.

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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.

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World Cup Highlights Growth of Contactless Payments

Contactless payments scored big at the FIFA World Cup in Russia, with 50 percent of Visa purchases in tournament venues utilizing contactless transactions through cards, mobile devices and wearables. The popular sports event enabled Visa to highlight new payment technologies that save fans time, while keeping their payment credentials safe.

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Wirecard, Mastercard Expand Existing Partnership for Contactless Payments

Wirecard and Mastercard announced plans to expand their existing partnership to promote digital, contactless payments via wearables. The expanded partnership will immediately make Wirecard available in Germany via Garmin Pay. The firms said additional projects are in the works that will make mobile payments available via smartwatch.

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Contactless Payments Win the Day at World Cup Matches

Approximately 1 in 5 purchases made with Visa cards at World Cup soccer matches in Russia used contactless payment technology, including smartphones, bracelets and rings, according to a press release from the card network.

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Contactless Payments Take the Prize at World Cup Stadiums

Soccer is a contact sport, but fans are using contactless payments at one of the sport’s most famous events: Approximately 17 percent of purchases with Visa in the World Cup’s 11 Russian host cities, for example, used contactless payment technology with devices such as smartphones, bracelets and rings.

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Tap to Tip: Buskers Start Offering Contactless Card Payments

London is to introduce a contactless payment scheme for buskers in what organisers say is a world first. Busk in London, a Mayor of London initiative, has partnered with technology company iZettle to give card readers to performers.

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Starling Bank Calls Time on Contactless Payments

Starling Bank has added a range of Garmin smartwatches to its growing roster of contactless payment devices. Customers of the app-only bank can add their Mastercard debit card to Garmin’s Vvoactive 3 and Forerunner 645 Music, enabling them to make payments on the go directly from their wrist.

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Combating Our Love-Hate Relationship With Contactless Payments

Contactless payments’ popularity is undeniable. Of the 3.5 billion payment cards produced annually, about half are now contactless. With new figures highlighting rapid adoption across Europe, contactless cards and payments have even been dubbed the continent’s ‘new normal’ way to pay and continued growth seems inevitable.

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