Tag: contactless payments

KONA I and IDEX Biometrics launch revolutionary biometric smart cards in...

KONA I, a leader in smart card and technology platforms, has teamed up with IDEX Biometrics to bring a biometric smart card to Japan.  The...

How technology is transforming payments

The financial services landscape is experiencing rapid transformations fuelled by customer expectations for speed and convenience. Today's consumers are driving a surge in innovative payment methods, with a myriad of technologies emerging to meet their ever-evolving needs.

Contactless payment transaction value to reach $10trn by 2027

The value of contactless payment transactions is expected to reach $10trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.

Close to half of all transactions expected to contactless by end...

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

UK contactless payment limit set to climb to £100 by October...

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

Timex teams with FinTechs to unveil range of contactless payment watches

Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.

Contactless payment market anticipates soaring growth into 2025

A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.

Restaurant payment app Sunday grabs $24m in a seed funding round

FinTech firm facilitating QR code restaurant payments Sunday raised a $24m seed round.

The UK increases the contactless payments cap to £100

The UK’s Financial Conduct Authority has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.

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