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In Q1 2021, Mastercard saw 1 billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45% of all in-person checkout transactions globally were contactless.... read more
The post Mastercard launches contactless card for the quantum computing era appeared first on Payments Cards & Mobile.
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
The post Tap on Mobile: the digital revolution moves from payment to acceptance appeared first on Payments Cards & Mobile.
Contactless card transactions now account for one in 10 card payments, the first time the milestone has been passed, latest figures from The UK Cards Association show. There were 120.5 million contactless card payments in October in the UK, meaning that 10.3% of all card transactions were made using contactless. This has risen from just [...]
The value of the average contactless transaction increased in Septembers a result of the increase in the contactless payment limit, the latest card expenditure statistics from The UK Cards Association show. In September, the average contactless transaction was £7.35, up by 23p on the August figure. This coincided with the rollout of the new £30 [...]