Contactless payments stories - Page 2

Marks & Spencer faces a cyberattack disrupting contactless payments and online orders, exposing serious digital security flaws during peak retail season.

Over 75% of UK banking customers would switch banks for a metal payment card, valuing its durability, sustainability, and luxury feel, new research finds.

Recent cyber attacks are raising calls for stronger, identity-focused cybersecurity, including Zero Trust principles, with traditional password hygiene no longer sufficient.

A new report reveals that outdated payment systems at airports are frustrating 54% of travellers, emphasising the need for modernising payment options.

Kaspersky warns of rising risks from hacked NFC tags, urging users to stay vigilant against potential phishing and malware threats as NFC adoption grows.

Sage expands its partnership with Stripe to enhance payment processing and cashflow management for small and mid-sized businesses.

The UK leads the charge in adopting contactless payments, as Marqeta's report reveals 80% of UK consumers used them last week, nearly double that of the US.

The pandemic-associated rejection of cash is seen as accelerating the switch to a cashless economy, despite some resistance and concern over security.

Virgin Media O2 improves 4G and 5G coverage in rural Britain, aiming to boost local economy this festive season.

The Covid-19 pandemic has accelerated the adoption of contactless payment methods, reshaping retail and supporting larger consumer trends.

The pace of innovation in meeting customer demand and the shifting economic environment presents a challenge when developing payment technologies.

Open Banking has matured into an innovative payments solution enabling merchants to drive conversion, reward loyalty and improve the customer experience.

The global near-field communication market was US$17,875 million in 2020 and will be US$46,781 million by 2027, registering a CAGR of 14.8% from 2021 to 2027.

New Zealand has increased the contactless payment limit from NZD $80 to NZD $200 to curb COVID-19 spread, rolling out changes over the next few weeks.

ASB Bank introduces Apple Pay, allowing over 500,000 customers to make secure, convenient contactless payments via compatible Apple devices.

Visa has released a report showing that tourist spend in NZ is growing and they want to use contactless payment systems.