Contactless card payments are still on the up, but customers aren’t completely sold on them yet May 20, 2016 Contactless payments have more than doubled in the last year from one in 16 transactions to one in seven, but consumers are still not fully sold on them, according to new research. A survey of 2,000 adults by Defendernote indicated that almost a third (30 per cent) said bank customers should reserve the right to [...]
Visa Europe records three billion contactless payments over the last 12 months May 10, 2016 Card company Visa has recorded three billion contactless transactions in Europe over the past year. In April alone, European consumers used their cards 360m times, clocking in at almost 140 transactions per second. Contactless now accounts for one in every five Visa card payments in Europe, up from one in 60 in 2013. In the [...]
Now you can use Apple Pay in Ireland – just swipe your iPhone March 7, 2017 iPhone owners in Ireland rejoice – you can now get on board with Apple Pay and just swipe your phone (or Apple Watch) to make a purchase. The tech giant has launched the payment service in its sixth market in Europe, supporting Irish banking customers with Ulster Bank and KBC as well as Boon, an app [...]
Shoppers spent over £2bn using Visa cards on Black Friday November 29, 2016 UK shoppers spent more than £2bn using Visa cards on Black Friday this year. The figure was up 13 per cent on last year's, and half of the spend was made online. Visa said that there has also been a strong uptake in contactless payments, across all age groups. Among those aged between 55 and [...]
Transport for London warns Londoners that travelcards and daily fare caps will increase in the New Year December 29, 2016 Londoners have been warned not to get caught out by New Year public transport price hikes despite promises to freeze fares in the capital until 2020. Transport for London (TfL) said it did not have the power to stop a 2.3 per cent increase in the cost of travelcards because their pricing is set by the government. [...]
The new Elizabeth Line passenger trains have arrived for testing ahead of May launch March 9, 2017 The time is drawing closer… The Elizabeth Line has been quietly taking shape with a release of bird's eye images in January showing how the various stations are shaping up. And this week, Transport for London (TfL) announced the first train to be used for passengers had arrived for testing in the capital. The first @elizabethline train [...]
Cashless era could leave bureaux de change out of pocket January 4, 2017 January is a time when many of us start to think about the summer and where we want to disappear to on holiday. And anyone looking ahead to an overseas vacation or a business trip will have to consider travel money at some point. But the way British consumers pay for things when abroad is changing [...]
Here’s how we’re spending with contactless since the limit went up to £30 April 4, 2016 Millions of pounds have been spent by people simply swiping a card or mobile device after an increase to the limit on how much people can spend using contactless pay. There have been 36m cashless transactions worth nearly £900m since the limit went up from £20 to £30 in September last year. Transactions between £20 and £30 have grown at a rate of [...]
Lazy people rejoice: Jaguar and Shell team up for in-car cashless petrol payment February 15, 2017 Here's a treat for those often in a hurry. Jaguar and Shell have teamed up to launch the first in-car payment system for petrol. So you'll actually be able to pay for your fuel through an app on the car's touchscreen at Shell service stations. You drive up, use the car's touchscreen to select how much [...]
It’s full steam ahead for Tornado’s timetabled services on the Settle-Carlisle line February 14, 2017 For the first time in nearly 50 years, a steam train is to run a timetabled passenger service in England. The A1 Pacific Tornado will pull 12 Northern services on the line over the next three days, replacing diesel trains on the Settle to Carlisle line. The line crosses the Yorkshire Dales and the North Pennines, [...]