Visa Inc.: One Billion Additional Touch-free Visa Payments Made as Consumers Embrace Contactless Commerce
Less than a year since contactless limits increased across Europe, Visa has hit one billion additional touch-free transactions, 400 million of which took place in the UK.
Consumers and merchants are increasingly turning to contactless payments as a secure and seamless way to shop two thirds (65%) of consumers say they would prefer to use contactless payments as much as, or more than, they do currently.
Contactless remains one of the most secure and convenient ways to shop with Visa following the limit increasing in some countries by as much as 50% last year, and the announcement that the UK contactless limit will increase to £100.
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