The number of contactless transactions made in Canada increased 14.71% in the first quarter of 2016 compared to Q1 2015, with the total amount spent rising by 108.84%, research by Moneris reveals. “Comfort on the part of consumers coupled with the payment infrastructure we have built here in Canada sets us up well to take advantage of the new mobile payment options entering the market,” says the company’s Angela Brown.
- JPMorgan begins digital currency test
- Russia launches public consultation on digital ruble
- India bans mobile payment providers from launching new proprietary QR codes
- Visa: Consumers have made an extra 500m touch-free payments in Europe since contactless limits were increased
- Walgreens lets customers pay with points at the POS
This article is more than four years old
Keep up to date: Get NFCW's headlines by email every Wednesday