Consumer and business payment habits have returned to their pre-pandemic patterns, with the use of cash continuing to decline, while the use of debit cards and contactless payment methods increases.
You could use an RFID-blocking wallet or purse, which uses materials to block radio waves and shield cards from unauthorised ...
Barclays is to replace its entire fleet of debit cards with new ones featuring contactless-payment functionality. From March, any replacement cards issued by the bank will come embedded with NFC (near ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Despite also seeing a 30% rise in the number of contactless ...
The UK has reportedly reached 150 million contactless cards issued, according to an update from UK Finance. UK Finance’s Card Spending Update for March 2024 shows “that contactless cards now account ...
Figures from Lloyds Bank have shown how Covid-19 changed the way people make face-to-face payments, with almost 90% now contactless. According to the numbers from the UK bank, 65% of face-to-face ...
Restaurants Where Your Card Leaves Your Sight If a restaurant requires taking your card to process payment, it’s worth pausing. Out-of-sight handling increases the risk of card details being copied.
A domestic abuse charity has warned that plans to raise contactless card limits could unintentionally make it easier for abusers to drain victims' bank accounts. The Financial Conduct Authority (FCA) ...