Contactless

Contactless COVID 19 FCA Retail Treasury UK Finance

October 15, 2021

Jasdip Sensi

Contactless Limit Rishi Sunak

The contactless card payment limit has increased from £45 to £100, although many retailers’ terminals will need to be updated so the option will not be available everywhere immediately. The…

Contactless spending limits will increase to £100 in October, more than doubling the current limit as contactless adoption continues to skyrocket.

Contactless limit to rise to £100 in October in “welcome boost for retailers and shoppers”

Fintech Industry Payment

August 27, 2021

Contactless spending limits will increase to £100 in October, more than doubling the current limit as contactless adoption continues to skyrocket. Rishi Sunak, chancellor of the exchequer, announced during the…

Contactless card spending will account for almost half of all transactions made in the UK by the end of next year as the pandemic has “forever changed the way consumers spend their money”.

Pandemic has driven contactless spending up 30%

card Cash Centre for Retail Research Contactless VOuchercodes

August 23, 2021

Contactless card spending will account for almost half of all transactions made in the UK by the end of next year as the pandemic has “forever changed the way consumers…

Smart rings could soon replace contactless cards and smartphones as the main method of making touchless payments.

Smart rings could soon be the new norm for contactless payments

Payment Wearables

Contactless Evering MTG Smart ring Visa

May 25, 2021

Smart rings could soon replace contactless cards and smartphones as the main method of making touchless payments. Japanese health and beauty retailer MTG has struck a deal with Visa which…

The majority of UK retailers want to go entirely cashless, removing the option to pay by physical currency entirely.

52% of UK businesses want to do away with cash entirely

Cash Contactless Digital Payments moneyadviceservice.com

March 31, 2021

Instore Mobile & Apps Payment

The majority of UK retailers want to go entirely cashless, removing the option to pay by physical currency entirely. Over half of UK businesses would like to see cash payments…

Variety retailer Flying Tiger has become the latest retailer to adopt self-checkout at their stores after partnering with mobile payment provider Mishipay.

Flying Tiger latest retailer to adopt self-checkout

Apple Pay Cashierless Contactless Flying Tiger Mishipay Paypal Spar

March 24, 2021

George Iddenden

Flying Tiger has become the latest retailer to switch to self-checkout at its stores after partnering with mobile payment provider Mishipay. The new ‘scan and go’ system requires consumers to…

Contactless spending limit to jump to £100 later this year

card Cash Contactless Fujitsu Limit Spending

March 3, 2021

Contactless spending limits will rise from £45 to £100 in a bid to boost spending on the UK’s struggling high streets. The contactless spending limit will have more than tripled…

Contactless limit could more than double to £100

Barclaycard BRC Contactless FCA Financial Conduct Authority

January 28, 2021

Contactless payment limits could soon jump to £100 as the coronavirus pandemic forces a dramatic change of “behaviour in how people pay”. The Financial Conduct Authority (FCA) announced yesterday that…

90% of card payments were contactless in 2020

Barclaycard card Contactless

January 22, 2021