contactless payment news and archive

Retailers reluctant to add contactless payment could lose sales

Barclaycard has found that retailers could be at risk of losing sales this Christmas due to their reluctance to introduce contactless payment at the checkout, as seasonal spending using contactless payment is expected to be almost three times higher this year than last. Its research found that just one in three retailers (34 percent) currently...

Retail

Consumers turn to contactless payments

Spending on contactless cards more than trebled over the last year to reach a record 2.32 billion pounds in 2014, according to data published by The UK Cards Association. The new figures reveal a year of “major growth” in contactless usage, with the total spend in 2014 more than double that of all the previous six years combined, with...

Design

Marks & Spencer uses contactless payment

Marks & Spencer has become the latest retailer to introduce contactless payment in its stores. Working in partnership with Streamline and Visa Europe, the retailer is initially making contactless payment available in 25 stores across London, including Marble Arch, Stratford City, White City and a number of Simply Food stores. The stores are...

Fashion

British consumers uncertain about contactless payments

Three quarters of British consumers feel unsure about using contactless payments according to recent research. The study commissioned by Ingenico, the worldwide payment solutions provider, found that contactless payment penetration remained low, that consumers felt ill-informed about the technology and had real concerns about security. The...