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The major schemes have announced over the last few weeks their commitment to enabling the increase in contactless payment limits across Europe. The move comes as 29 countries implement new... more
The post Contactless payment limit now raised across 29 countries appeared first on Payments Cards & Mobile.
Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for 42% of people in the UK. Contactless methods followed at 34%, with the vast majority of these respondents (31%) preferring a contactless card to using their phone or wearable technology (3%). [...]
The post Chip and PIN cards remain consumers’ first choice for payments over contactless appeared first on Payments Cards & Mobile.