Contactless payments overtake chip and pin in the UK

Contactless payments usage has grown 30% in the UK over the past year to become the most popular card payment type for in-store transactions, worldpay reports — and the growth is partly driven by an “astonishing” rise in consumer adoption of mobile payment services.

The use of mobile wallets such as Apple Pay, Samsung Pay and Google Pay increased by 114% during the first six months of 2018, the payments processor’s figures show.

Read more.. Source: nfcworld

Related Post

2018-12-29T14:51:25+05:30October 22nd, 2018|Categories: Card Association, Cards, FIAKS daily, Fintech & Technology, Mastercard, MDR, Payment, Technology, Visa, Wallets|Tags: |0 Comments

Leave A Comment

Subscribe
SUBSCRIBE NOW

Join our weekly Newsletter Today

Stay updated with all latest updates,upcoming events & much more.
close-link
close-image