This article is more than four years old

Visa took majority of European contactless payments in 2014

Visa PayWave accounted for 61% of the 1.4bn contactless payments made in Europe in 2014, research from RBR reveals, with MasterCard PayPass accounting for the “vast majority” of the remainder. “Contactless has spread rapidly in Europe and RBR forecasts the payment volume to increase nine-fold between 2014 and 2020,” the firm adds.

Next: Visit the NFCW Expo to find new suppliers and access free resources