Search Results for: contactless technology
1-in-5 in person Visa-processed card payments now contactless
May 11th, 2016
Visa Europe has put out another batch of contactless payments metrics, showing that one-in-five in-person card transactions it processes are now tap and pay. The card giant says that it has seen three billion contactless payments in Europe in ...
MasterCard contactless transactions in Europe Surpass 1 Billion; Impressive 150% year on year growth
February 19th, 2016
Impressive 150% year on year growth for MasterCard and Maestro contactless transactions, as merchants and issuers capitalize on opportunities Europeans continue to opt for contactless technology when making payments, with the total number of MasterCard and Maestro processed transactions ...
Contactless payments set to soar across Europe
December 10th, 2015
Spectacular growth in the volume and value of contactless payments across the European Union during 2014 has set the scene for a mass-market breakthrough over the coming years as resolutions by Visa and MasterCard accelerate the roll out of ...
Swatch partners with Visa for pay-by-the-wrist contactless payments
December 1st, 2015
Swatch SA and Visa Inc. together with Visa Europe have signed an agreement giving eligible Visa cardholders in the U.S., Switzerland and Brazil the ability to tap and pay with Swatch’s new «pay-by-the-wrist» watch, Swatch Bellamy. Slated to launch ...
Four in ten say they won’t need cash in ten years time as contactless proves popular for many
August 31st, 2015
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, ...
Mobile Payments soar as Europe embraces new ways to pay
October 12th, 2016
The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device ...
Cash is no longer king
September 22nd, 2016
Contactless technology means debit cards are becoming increasingly popular for payments even for lower value transactions. Cash is now being used for less than half of all retail transactions, new figures show. Debit cards are now increasingly being used ...
2.6 billion to use biometrics for payments by 2023; Report
October 23rd, 2018
Goode Intelligence forecasts 2.6 billion to use biometrics for payments by 2023. By 2023, nearly 579 million biometric payment cards will be used globally to enable frictionless customer authentication for higher-value contactless transactions, according to new research from Goode ...
Why Americans are warming to mobile payments
June 29th, 2018
Americans have long been laggards when it comes to paying for goods and services with a smartphone. Plenty still prefer to sign credit-card slips or even cheques. But there are signs that they are warming to more modern methods. ...
Study: UK consumers more likely to use proximity mobile payments than US counterparts
December 27th, 2017
The future of mobile payments appears more bright in the U.K. than the U.S. thanks to consumers’ familiarity with contactless payments, according to a report from Auriemma Consulting Group. “U.K. consumers were introduced to contactless payments in 2007,” Jaclyn ...
