New PIN verification rule impacts vending

New PIN verification rule impacts vending

Last month the UK entered a new era for contactless payment, which effectively means consumers will be asked for verification by PIN after five contactless transactions. VI spoke to Worldline’s Paul Weston about the changes and the significant impact it might have on...
Extra 7m contactless payments as new £45 limit kicks in

Extra 7m contactless payments as new £45 limit kicks in

Less than a month since the introduction of the new £45/€50 contactless limit in the UK and Ireland, Barclaycard, which handles half of all contactless transactions in the UK, has processed over seven million contactless payments above the previous limit of £30, and...