The number of mobile transactions as a percentage of all in-store transactions has grown by 247% in the UK over the last year, analysis of transaction data and a consumer survey conducted by payments processor Worldpay has found. Workers paying for lunch on the go and payments for drinks in bars are the main drivers of the increase in transaction volume. More
UK supermarket giant Tesco is conducting a one week test of Powa’s PowaTag mobile payments technology at its Dean Street store in London. To promote the service, a free lunchtime Meal Deal was offered on 13 and 14 October to the first five hundred shoppers to download the PowaTag app and use it to pay with their mobile phone. More
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