contactless mobile wallet payments

Chip and PIN cards remain consumers’ first choice over contactless

Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for 42% of people in the UK. Contactless methods followed at...
wearable payments

Success of contactless peaks as shoppers demand wearable payments

One quarter (26%) of British shoppers expect to start using contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard. In the UK, contactless spend on...
HCE - Host Card Emulation

HCE and EMV Tokens – causing an inflexion point in mobile payments proliferation

In the Netherlands, mobile payments using HCE are becoming ubiquitous. Other European countries, such as Belgium, France or Germany follow the same trend, with adoption rate reaching in some cases 40% yearly increase. One of...
Mobile payments - cash vs card payments per day

Mobile payments soar 300% as part of the contactless revolution

As the recently launched iPhone X makes mobile payments even easier with Face ID, MoneySuperMarket reveals that a quarter (23%) of Generation Z predicts physical cards will soon be obsolete as mobile payments reign supreme. The new...
The contactless payments logo

The World’s most cashless countries – Infographic

A new study has found the countries among the 20 largest economies who are adapting quickest to using cashless systems like phones and contactless cards – revealing that Canada narrowly edges out Sweden for...
NFC ATM

Wells Fargo ATMs launch NFC-enabled mobile wallet capability

Wells Fargo & Company say that debit card customers can use the company’s ATMs without their card with NFC functionality that is launching at more than 5,000 ATMs across the US. The feature is activated using...
Contactless cards in issue

Contactless payments are No.1 payment choice for UK market

The UK is a world leader in contactless payments. The widespread adoption of contactless in the UK was a gradual process but over the past few years contactless use has grown exponentially. In just a...
smartphones into payment terminals

Mastercard piloting turning smartphones into payment terminals

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments, providing them with a...
Contactless cards

UK contactless spend tops £370 million in H1 2017

Mobile contactless transactions topped £370 million in the first six months of 2017, a 336% year on year rise in spending, according to the latest transaction data from payments processor Worldpay. The use of mobile...
UK payments statistics

Cash still king but consumers are turning to contactless

The number of cash payments decreased by 11% between 2015 and 2016, but it still remains the most frequently used payment method in the UK, according to new data published by UK Finance. Consumers and...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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