Australian supermarket giant Woolworths is set to roll out 30,000 contactless payment terminals across more than 3,000 stores in 2012. The move follows a trial where the company saw a 50 to 75% decrease in transaction times compared with non-contactless transactions. Customers will be able to make purchases of up to A$100 without a PIN or signature. Earlier this week, rival Coles Supermarkets said it would also switch to contactless in 2012.
- Messaging app Line reports 40m mobile payment users
- Hong Kong transit operator to test WeChat Pay and Alipay
- UK government expands open banking project to credit cards, e-wallets and prepaid cards
- UK consumers want to set their own contactless transaction limit
- Swiss consumers to get single digital ID