Search Results for: contactless payments
Contactless payments take off in Canada
June 1st, 2016
The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International Inc. The report titled, Canadian Payments Forecast – 2016, estimates that the ...
Visa’s contactless payments soar by 250pc in the UK, as firm reports record revenues in Europe
January 26th, 2016
Cash is no longer king in the UK, where Visa Europe‘s contactless payments soared by 250 per cent last year. The electronic payments business said that people purchasing items by waving their Visa credit or debit cards over payment terminals ...
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 ...
One in four card payments in UK now contactless
January 17th, 2017
A quarter of all card transactions are now made via contactless, new figures from The UK Cards Association show. 325 million purchases were made using contactless debit and credit cards in November 2016, accounting for 25 per cent of ...
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 ...
Contactless adoption seen among top payment trends this year
May 15th, 2019
Contactless payment growth, rewards card revamps and machine learning are among the top six trends when it comes to retail payments this year. While mobile payments are getting more popular, contactless cards are expected to catch a bit of ...
Visa CEO Predicts 100 Million Contactless Cards in a Year
November 6th, 2018
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But ...
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 ...
Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020
August 3rd, 2018
The future of shopping transactions may look a lot like Apple Pay. In-store contactless payments are predicted to reach $2 trillion by 2020, making up one-third of total transactions, according to a Monday Juniper Research report. Contactless payments will ...