UK retailers call for higher contactless transaction limit

Paying with a contactless card

More than half of UK retailers that accept contactless payments would like to see the spending limit raised above the current £30 (US$40) cap, with 37% opting for £50 (US$66) and one in five hoping to see a £100 (US$132) ceiling, research released by Barclaycard ahead of the tenth anniversary of the launch of contactless payments in the UK reveals... More













Tencent launches WeChat mobile wallet in South Africa

WeChat

Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform. More





Coin unveils EMV-ready Coin 2.0 with NFC

Coin

Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment transactions for in-store purchases... More





Feed for stories about Chip and pin.

Page 1 of 3123