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Half of all contactless payments in Ireland are now made via NFC

NFCW

. “Over 1.5bn contactless point of sale (POS) payments, valued at 26.7 “Smartphones and watches have emerged as the preferred payment device over physical cards for many consumers “Out of 296 contactless payments made per person in Ireland on Irish cards in 2024, 159 of these were mobile wallet payments. .

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Coronavirus is pushing U.S. consumers to contactless payments

Payments Source

Contactless cards are a potential refuge for consumers who fear plastic and cash are carrying COVID-19.

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Consumers demand contactless payments for transit: Visa

Payments Dive

Public transport is expected to become a driver of contactless payment usage, especially as environmentally conscious commuters get on board, suggested a survey by card network company Visa.

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Scrapping the £100 Contactless Limit: What It Means for Consumers, Merchants and Security

The Fintech Times

The Financial Conduct Authority (FCA) is reviewing whether the 100 contactless limit should be removed or increased, aiming to give consumers and businesses more flexibility while keeping fraud protections in place. The consultation is part of wider efforts to encourage innovation in payments and support economic growth.

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MuchBetter Expands Its Contactless Payment Ring Range with New Colours

Fintech Finance

These sleek additions join the existing brushed black with more styles planned to join the range in future, giving customers even more ways to personalise their payment experience while enjoying the ultimate convenience of tap-and-go transactions.

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Pandemic Has Consumers Embracing QR Codes And Contactless Payments

PYMNTS

While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been a driver of growth for QR codes. Such moves seem likely to win over consumers in the COVID-19 era. Prior to the pandemic, few consumers had experimented with contactless payments at all.

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Absa Collaborates with UnionPay International to Expand Contactless Payments in South Africa

Fintech Finance

Absa , in partnership with UnionPay International (UPI), is launching contactless payments to UnionPay cardholders across South Africa , thereby strengthening its commitment to offering a seamless and secure payments experience. It will also enable Absa merchants to offer contactless payment options to more customers.”