The spending limit for contactless card payments in the UK is being increased from £30 (US$35.33) to £45 (US$52.99), UK Finance has announced. The new spending limit will begin to roll out from 1 April 2020. More
Norway is increasing the transaction limit for BankAxept domestic contactless debit card payments from 400 kr (US$34.28) to 500 kr (US$42.84) “in order to minimise the number of physical touch points where infection can be transmitted”... More
PARTNER NEWS: Digital security giant Gemalto has been awarded a contract by bank-owned BankAxept, the national payment scheme of Norway, to enable “all local banks to interconnect through a single credentials management hub for streamlined and secure management of mobile payments services”... More
Canadian debit network Interac has partnered with Norwegian domestic debit network BankAxept to help accelerate the rollout of NFC mobile debit solutions in Norway... More
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