NFC World » British Retail Consortium (BRC) http://www.nfcworld.com The near field communication news source - NFC, contactless, mobile payments, RF SIM, RFID and more Wed, 23 May 2012 19:10:52 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 “Government must force banks to cut excessive NFC and contactless transaction fees” say UK retailers http://www.nfcworld.com/2010/06/16/33949/government-must-force-banks-to-cut-excessive-nfc-and-contactless-transaction-fees-say-uk-retailers/ http://www.nfcworld.com/2010/06/16/33949/government-must-force-banks-to-cut-excessive-nfc-and-contactless-transaction-fees-say-uk-retailers/#comments Wed, 16 Jun 2010 17:30:44 +0000 Sarah Clark http://www.nearfieldcommunicationsworld.com/?p=3949 Debit card transactions cost four times more to process than cash payments, says the UK's leading retail trade association, raising concerns that the move from cash to contactless debit cards and NFC phones will increase retailers' overheads.

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