Tag: Contactless

Nearly 9 in 10 card payments now contactless, Lloyds finds

Data from Lloyds Bank has found that spend on debit cards made in person using contactless technology has soared from 65% to 87% in the last three years.

Faster payments volume climbs by 23% between 2020 and 2021

A report by UK Finance Payments Markets has found faster payments volume shot up by 23% to 3.6bn from 2020 to 2021.

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.

UK contactless payment limit set to climb to £100 by October...

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

Timex teams with FinTechs to unveil range of contactless payment watches

Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.

Contactless payment market anticipates soaring growth into 2025

A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.

SumUp collaborates with ZSL on new contactless fundraising tech

UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.

The self-checkout system market will be worth over $6bn by 2026

New research suggests that the self-checkout market will be worth north of $6bn by 2026.

SIA, Ferrotramviaria and Tecknè deal to enable contactless payments for Karol...

A new service from Ferrotramviaria and SIA and Tecknè will give travellers who use the rail service connecting Karol Wojtyla International Airport and Bari city centre the option to use contactless payment.

KBC is the lastest bank to accept payments through wearable technology

Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.

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