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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 Half of all contactless payments in Ireland are now made via NFC was written by Sarah Clark and published by NFCW. billion, were made in shops, restaurants and other retail outlets in 2024,” the organisation says.

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Geidea Leads the FinTech Revolution in the Region, Starting With a Network of Thousands of Merchants and Preparing for the SoftPos Launch in Egypt

Fintech Finance

This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale (POS) devices. Geidea’s SoftPos service quickly gained traction in Saudi Arabia, building a robust network of thousands of merchants across the Kingdom.

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Intuit QuickBooks Enables Tap to Pay on iPhone for Small and Mid-Market Businesses to Accept Contactless Payments

Fintech Finance

enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone. These transactions sync directly to their QuickBooks Online account, allowing them to seamlessly manage and reconcile these payments and keep their books up to date, on a single platform.

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Payment Stats That Will Blow Your Mind (and Change Your Strategy)

Clearly Payments

The global volume of digital payments will reach over $10 trillion by the end of 2024, a sharp increase from $8.3 This explosive growth is fueled by the rapid adoption of e-commerce, contactless payments , and fintech innovations. What It Means for You: Adapting to mobile wallet payments isnt optional anymore.

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How Retailers Are Gearing Up For Contactless Payments Via mPOS

PYMNTS

With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0

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Visa Tap to Phone Adoption Grows 320% in the UK

Fintech Finance

Today, Visa announced that Tap to Phone a technology that turns a smartphone into a point-of-sale (POS) device – has experienced a 200% increase globally over the past year, supporting millions of sellers of all sizes worldwide. In the UK, Tap to Phone adoption is even higher, at a growth rate of 320% [1]. With over 18.3

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Tap to Phone Adoption Grows 320% in the UK, Significantly Exceeding Global Average, Visa Reveals

The Fintech Times

Tap to Phone, the technology that turns smartphones into a point-of-sale (POS) device, has seen a 200 per cent increase across the globe in the last year, according to new stats from payments giant Visa. billion contactless payments made in the UK in 2023 alone , its clear that consumers love to tap.