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Interchange Fees on Contactless Payments Comparison

Clearly Payments

This article covers the interchange fees associated with contactless payments compared to other credit card payment methods, such as online transactions and traditional swipe methods. Understanding Interchange Fees Interchange fees are an integral part of the payment processing system. and the merchant’s industry.

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Fime Launches Industry’s First EMV® C-8 Contactless Kernel Testing Services

Fintech Finance

Fime is proud to announce that it is the first to offer testing services in line with the EMV®* C-8 Contactless Kernel Specification**. This new approach is set to significantly streamline the development, testing and launch of new contactless payment terminals for vendors, merchants and solution providers.

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Contactless Payments: Touch to Pay? Here’s What It Is

Stax

It’s hardly surprising that contactless cards and mobile payments have become a far superior alternative to using cash, swiping/dipping cards, or keying in your card number to make payments. A study by The Harris Poll found that 42% of consumers view tap-and-pay credit cards as the safest form of payment.

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Contactless payments is EMV's 'fast solution'

Payments Source

Adoption of contactless is already well under way, and in a few years consumers will likely look back and recall the bad old days when valuable time was taken up waiting for transactions be processed and wonder how they ever coped without the speed, ease and convenience of contactless payment cards, writes Fiserv's Jamie Topolski.

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Card networks face pushback over mobile EMV acceptance tech

Payments Source

EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions. (..)

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EMV contains a key that unlocks contactless payments

Payments Source

Contactless payments today seem to address the slowness of EMV contact without compromising security. And unbeknownst to many, it uses the same security protocol, writes Andrey Tikhonov, senior director of payment technology for Infinite Peripherals.

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JCB and Worldpay from FIS Look to Enable Contactless Payments for UK Merchants

The Fintech Times

Currently, almost 20 per cent of Worldpay from FIS Point-of-Sale (POS) systems in the UK are now equipped to accept JCB contactless payments. This trend is causing an increasing number of merchants in the UK to prepare themselves for a cashless future, with comprehensive contactless payments emerging as a critical function.