PYMNTS-MonitorEdge-May-2024

contactless payments

Contactless payments are various touch free ways of paying. When you tap to pay with your contactless card or payment-enabled device, checkout is safe and secure. These payments are credit cards and debit cards, key fobs, smart cards (RFID, and NFC), or other devices, including smartphones and other mobile devices.

UK Contactless Spend Hits £1.5B Milestone
UK Contactless Spend Hits £1.5B Milestone
May 20, 2016  |  Payment Methods

The U.K. Cards Association announced on Thursday (May 19) that the monthly spending on contactless cards reached a record £1.5 billion in March 2016. In...

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Barclays’ Mobile Payments App To Be In Play Soon
Barclays’ Mobile Payments App To Be In Play Soon
May 13, 2016  |  Mobile Payments

It looks like the Barclays Mobile Banking app will be going head to head against Android Pay in the very near future. The U.K. bank...

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Tap-And-Pay On The Rise In Europe, According To Visa
Tap-And-Pay On The Rise In Europe, According To Visa
May 11, 2016  |  Mobile Payments

According to the latest data from Visa Europe, one in five in-person card transactions are now being made with a contactless card. That translates to...

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Smart Payment Card Shipments Up 34 Percent
Smart Payment Card Shipments Up 34 Percent
April 28, 2016  |  EMV

The shift to EMV in the U.S. is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment...

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Contactless Payments Surge Fivefold In UK
Contactless Payments Surge Fivefold In UK
April 05, 2016  |  Mobile Payments

One in five of all physical card payments under £30 in the U.K. are now contactless payments. This rise in contactless payments usage shows a...

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Visa Europe Pushes Contactless Payments
Visa Europe Pushes Contactless Payments
March 21, 2016  |  Europe

Visa Europe is on a mission — and the latest step in that mission hit the ground today. Today (March 21) the company launched its...

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UK Contactless Spending Surges Threefold
UK Contactless Spending Surges Threefold
February 29, 2016  |  Payment Methods

Contactless spending in the United Kingdom tripled last year to hit £7.75 billion ($10.76 billion) in transaction volume, marking a sharp spike from the £2.32 billion ($3.22 billion)...

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