Contactless payments RSS
BFI: €17.9 billion spent using contactless payments made in 2022
Almost €17.9 billion in contactless payments were made 2022, the highest level recorded since 2016 and a jump of 31.4% on 2021. Online and mobile banking payments continued to surge... read more
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Virtual card transaction volumes to surpass 121 billion by 2027
A new study has found the number of virtual card transactions, randomly generated card numbers linked to a payment account, will exceed 121 billion globally by 2027; increasing from 28... read more
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€13 billion worth of contactless payments made in Ireland in 2022
Nearly €13 billion worth of contactless payments were made in 2022 as online and mobile banking payments hit record levels and cheque volumes dropped to an all-time low. This according... read more
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7-Eleven in Japan trialling a new holographic POS system
7-Eleven stores in Japan are now trialling a new holographic POS system that allows customers to make contactless payments using a holographic screen projected from the self-checkout terminal. Developed by... read more
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Tap on Mobile: the digital revolution moves from payment to acceptance
As contactless transactions using cards and digital wallets soar, digital acceptance via mobile, or “Tap on Mobile”, is opening up electronic payments to new merchant categories. PCM investigates the next... read more
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