Contactless card use surges as doubts ease

Contactless card use surges as doubts ease
 

One in three card payments are made using contactless technology as consumers appear to have cast aside any doubts of paying without a Pin.
The number of transactions using contactless rose 31% in 2018 compared with the previous year, banking trade body UK Finance data shows.
Adoption of this technology on public transport and by more retailers has led, in part, to the rise.
The contactless payment limit, before entering a four-digit Pin, is £30.
Pay by cash? Not for long, report warns RBS trials biometric fingerprint bank card Debit card use had already been rising dramatically at the... read more

 
Friday, 11:42 in Business, Views: 58
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31