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Surge in Contactless Cards in UK

Wednesday, July 7th, 2010

Visa's contactless cards in UK circulation passed the 8 million mark in June and will grow to 12 million by the year end, so reckons the card scheme. Whilst much of the current growth is down to Barclays' decision to issue contactless cards as...

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The King is Dying, Long Live the King!

Wednesday, April 14th, 2010

Will Cash soon no longer be "King"? Card transactions could seize the UK "payments throne" within 5 years. In its 'The Way We Pay 2010' report, the UK Payments Council notes that cash, on the face of it, still appears...

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50% boost to Contactless Payment “Limit”

Tuesday, March 2nd, 2010

The upper amount for contactless card payments has been increased from £10 to £15. This is a big boost to the card industry's drive for wider acceptance of the payment method and brings the UK into line with the eurozone, where the limit is...

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Paperless ticketing gets wheels

Friday, December 18th, 2009

The steady move towards widespread contactless card payments has been given a major boost as the government launches a public transport e-ticketing programme.  It could see England's nine major urban areas go paperless within five years. The Smart and Integrated Ticketing Strategy...

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Retailers gearing up for “Wave and Pay”

Wednesday, November 11th, 2009

The "Contactless" card payment acceptance market is set for step growth. A recent independent report suggests the number of retail locations that accept contactless payments is set to surge by more than 12.5 million within 5 years. The report by IMS...

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Wave and Park

Friday, October 30th, 2009

Westminster City Council is to trial 'wave and pay' parking meters in 2010.  Motorists can then use contactless credit or debit cards to pay for parking in central London. The trial run of the new meters will be at 20 locations and if it...

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