Tags Contactless payments

Tag: contactless payments

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.

Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay

In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N’ Pay.

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.

Andy Murray backs GoodBox £9m funding round

Manchester-based GoodBox, which provides charities with contactless payment tools, closed a £9m funding round from existing backers including tennis champion Andy Murray.

The UK could up contactless payment limit to £100 post Brexit

The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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