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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...

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...

Global non-cash transaction volumes record highest growth of past decade

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s...

Contactless payments drive doubling of UK Card payments in 10 years

The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail...

UK payments market: Contactless cards set to overtake cash in 2018

Rapid growth in the use of contactless cards means cash will be overtaken as Britain’s most frequently used payment method by the end of...

Apple Pay mobile payment adoption rates poor… and slowing

When Apple launched its Apple Pay mobile payment service more than two years ago, it hoped to speed up the checkout process and, ultimately,...

Australia banks lose ruling to Apple Pay as mobile wallet continues...

Apple Pay has won a major regulatory battle with Australian banks that will see it retain control of its contactless mobile payment technology. Four banks had...

One in four UK card payments now contactless payments

A quarter of all card transactions are now contactless payments, new figures from The UK Cards Association show. 325 million purchases were made using contactless...

US Payments Forum launches new mobile and contactless payments effort

Mobile and contactless payments are an area of much debate among stakeholders across the ecosystem. Questions about implementation opportunities and challenges and the uncertain future...

Seamless acquires MeaWallet for contactless payments technology

Seamless Distribution AB (Seamless) has acquired the Norwegian contactless payments technology company MeaWallet AS (MeaWallet). The purchase price amounts to approximately SEK 42.8  (£3.78)...

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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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