What's New in Payments

Mobile payments mainstream by 2020

Nearly a third (31%) of global payment and banking experts believe mobile payments will go mainstream in their region in the next five years, and 41% believe mass NFC and contactless adoption will occur within the same period, research from retail banking provider Compass Plus has found... More




What's New in Payments

Apple Pay users in UK will be able to make payments above contactless card limit

Apple Pay

Customers who choose to use Apple Pay when the service launches in the UK will be able to use the mobile payments service to make transactions over the current contactless limit of £20 (US$30) at select retail locations, according to Visa Europe’s executive director of mobile. MasterCard also expects to see merchants being able to accept higher-value transactions in time. More