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    News in brief

    MasterCard issues European contactless POS mandate

    News in brief

    European merchants who accept either MasterCard or Maestro will be required to switch to contactless POS terminals by 1 January 2020, “ensuring that consumers will be able to pay with their contactless cards and NFC enabled devices at all point-of-sale (POS) terminals”, the payment network has announced. “New POS terminals must adhere to the new standard upon deployment as from 1 January 2016,” MasterCard adds.

    Filed by Email Mike Clark Published • Last updated 10 September 2014, 15:19

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