contactless

Contactless payments overtake chip and pin for the first time

Contactless transactions have overtaken chip and pin payments for the first time in the UK, according to payment processing company Worldpay.

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Cashless payments: the pros and cons of going digital

“The writing looks to be on the wall for 1p and 2p coins,” wrote one personal finance analyst after the government published a call for evidence on the future of cash and digital payments in its Spring Statement.

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Credit card debt rises at fastest annual rate in 12 years

The amount consumers owe on credit cards is growing at its fastest rate since 2006, according to new figures from UK Finance.

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Digital Alms: Church of England goes contactless

Churchgoers no longer need to bring cash to pay for events as the Church of England has announced it is making contactless payments available across England.

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Deal of the week: Get a free £6 to spend in Costa Coffee with Mastercard

Load your Mastercard onto Samsung Pay and enjoy £6 of free food and drink in Costa Coffee.

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10 years of contactless: Payments more than double in a year

Shoppers have adopted contactless technology en masse in the 10 years since it first launched, according to new figures.

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A third of Moneywise users don’t trust contactless payments

Over a third (36%) of Moneywise.co.uk users avoid using contactless payment technology as they don’t trust it, our latest poll results reveal.

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Deal of the week: Santander offers 5% cashback on Apple and Android Pay spends

Santander 123 Lite Current Account customers can earn 5% cashback when they spend on their debit card using Android Pay, Apple Pay, and Samsung Pay.

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Visa considers incentive for firms to go cashless

UK firms may be offered a trial by payment company Visa in future to encourage the use of cards instead of cash payments.

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Funny money: Even God accepts contactless cards now

The Church of England has launched a trial which will allow worshippers to donate using their contactless credit and debit cards.

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