Some 54% of European consumers are using a mobile device to make payments for a range of activities in-store, in-app and online, compared to 18% at this time last year, Visa’s 2016 Digital Payments Study has revealed... More
More than three in five European consumers (62%) believe using biometric forms of payment authentication will be faster and easier than passwords and PINs, research by Visa reveals, with 42% believing that the procedure could completely eliminate the need for multiple passwords and PIN codes... More
The increase in the UK contactless card payment limit from £20 to £30 has had “a transformative effect” on consumer spending habits, according to Visa Europe, with contactless transactions over £20 seeing an average monthly growth rate of 19.1% between October 2015 and March 2016 — more than twice the average monthly growth rate of 8% for contactless transactions under £20... More
Contactless now accounts for one in seven Visa transactions across the UK, up from one in 25 a year ago, the payment network has revealed, with contactless payments growing 250% year-on-year and 60% of transactions occurring outside London... More
Visa cardholders made more than a million contactless journeys on London’s transport network on a single day in the lead up to Christmas, Visa Europe has revealed... More
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