Advocates of contactless payments may not view a test run of the technology in 25 Asda stores in the United Kingdom as a significant announcement, but the potential exists for eventual mass exposure ...

UK: The previously-announced expansion of contactless pay-as-you-go payment to a further 20 Greater Anglia stations including ...

Plans to expand contactless payments to 20 stations have been delayed by six months, a train operator has said. Greater ...

The FCA’s engagement paper on the payments contactless limit is one of its short-term (ie implementable within the next 12 months) pledges under the government’s policy paper containing a three-point ...

The UK Financial Conduct Authority (FCA) has published an engagement paper which seeks views on increasing or removing the current £100 contactless limit, giving payment service providers (PSPs), ...

Consumers could soon see an higher cap, or even have no limit, when it comes to spending money on their cards via contactless payments. The FCA is proposing that banks will set the limits themselves ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The percentage was up from 93.4% in 2023, with Brits making ...

Contactless payments have not caught on in the UK because consumers don't think payments are safe without a PIN, says SmartDebit, a Surrey-based payments processor in the UK, in response to recent ...

A major change which could affect the way you pay for your weekly shop is being considered by regulators. The cap on ...

Klarna Integrates Tap to Pay in App for Contactless NFC Payments Klarna has integrated Tap to Pay into its app, enabling ...

Small and medium-sized enterprises (SMEs) in the UK are leading Europe when it comes to accepting contactless payments, with almost all now accepting near-field communications (NFC)-based card ...

Consumer and business payment habits have returned to their pre-pandemic patterns, with the use of cash continuing to decline, while the use of debit cards and contactless payment methods increases.