Finance Breaking news Contactless payments surge across Europe last financial news

Breaking-Finance.Com - In less than a year since contactless limits increased across Europe, Visa has hit a processing milestone of one billion additional PIN-free transactions.

Finance Breaking news Contactless payments surge across Europe last financial news

Breaking-Finance.Com - In less than a year since contactless limits increased across Europe, Visa has hit a processing milestone of one billion additional PIN-free transactions.

Finance Breaking news Contactless payments surge across Europe last financial news
07 April 2021 - 08:45

Breaking-Finance.Com - In less than a year since contactless limits increased across Europe, Visa has hit a processing milestone of one billion additional PIN-free transactions. The growth of contactless has been a key trend during the pandemic, with touch-free payments seen by the public and merchants as a means of minimising the risk of Covid-19 transmission.Charlotte Hogg, chief executive officer, Europe at Visa, comments: “The demand for touch-free payments indicates that contactless has become the norm for European consumers and retailers.

. In France and Germany, the number of contactless transactions has increased by two thirds and almost half respectively year-on-year. Of the one billion transactions, 400 million took place in the UK, with further growth expected as the contactless limit is lifted to £100 later this year.

Source = Breaking-Finance.Com

Financial breaking news

This news 8 hits received.

Finance Breaking news Contactless payments surge across Europe last financial news


Finance Breaking news Contactless payments surge across Europe last financial news


Finance Breaking news Contactless payments surge across Europe last financial news


Finance Breaking news Contactless payments surge across Europe last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news JP Morgan, Morningstar and Broadridge invest in Tifin last financial news
Finance Breaking news JP Morgan, Morningstar and Broadridge invest in...
Finance Breaking news Klarna launches carbon footprint insights for 90 million consumers last financial news
Finance Breaking news Klarna launches carbon footprint insights for...