Tag: contactless payments

FCA plans to ease contactless limits amid payments boom

The UK’s financial regulator is preparing to give banks and payment providers greater freedom to set their own contactless payment limits, in a move...

FCA consults on flexible limits for contactless payments

The FCA has opened a consultation on proposals that could see card providers given greater flexibility over contactless payment limits. The move could pave the...

FinTech firm Qlub secures $30m for global dining expansion

Qlub, a FinTech company transforming the restaurant experience with contactless payment technology, has secured $30m to support its global growth ambitions.

Nexi enhances contactless payments with Tap to Pay on iPhone in...

Nexi, a leading European PayTech, has expanded its Tap to Pay on iPhone functionality to merchants in Switzerland and Finland. The company, which specialises in...

Digital wallet firm Curve secures £37m to accelerate growth and launch...

Curve, a digital wallet provider known for its innovative approach to payment management, has raised £37m in a funding round led by Hanaco Ventures.

QR code payments set to surpass $8trn by 2029 amid global...

A new study by Juniper Research has projected that global QR code payment transactions will grow by 50%, reaching $8tn by 2029, up from $5.4tn in 2025.

KONA I and IDEX Biometrics launch revolutionary biometric smart cards in...

KONA I, a leader in smart card and technology platforms, has teamed up with IDEX Biometrics to bring a biometric smart card to Japan.  The...

How technology is transforming payments

The financial services landscape is experiencing rapid transformations fuelled by customer expectations for speed and convenience. Today's consumers are driving a surge in innovative payment methods, with a myriad of technologies emerging to meet their ever-evolving needs.

Contactless payment transaction value to reach $10trn by 2027

The value of contactless payment transactions is expected to reach $10trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.

Close to half of all transactions expected to contactless by end...

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

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