What's New in Payments

One in two in-person Mastercard transactions worldwide are now contactless

Michael Miebach Mastercard CEO

One in two in-person transactions authorised, cleared and settled through Mastercard’s payment processing services worldwide during Q4 2021 were contactless, up from “approximately” one in three in the period prior to the Covid-19 pandemic, according to figures revealed at the card network’s Q4 earnings call... More