Tag: contactless payment
One in three card payments uses contactless technology
Around 20 million “tap and go” payments took place every day last year – meaning one in three card transactions is now contactless, figures from trade association UK Finance show. It said contactless card spending surged by nearly a third in 2018 year-on-year. Customers across the UK spent a total of £69 billion using contactless…
Oyster card may face chop as Tube plans credit card ticket system
(Guest post from Shiny Shiny) The Oyster card was a small revolution in ticket payments when it was launched less than a decade ago, but it seems it may soon become obsolete. Transport for London has confirmed that by the…
