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\u2018Wave and pay\u2019 revolution starts to gather pace, although millions of people remain locked outOne...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-99","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1B","jetpack-related-posts":[{"id":5102,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-mean-card-fraud-now-happens-after-cancellation\/","url_meta":{"origin":99,"position":0},"title":"Contactless payments mean card fraud now happens after cancellation","date":"December 19, 2015","format":false,"excerpt":"\r You don\u2019t expect a bank account to keep being defrauded after you put a stop on your cards, but the rise of \u2018wave and pay\u2019 can mean just thatConsumers are at risk of falling victim to fraudulent payments made on contactless credit and debit cards that have already been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25655,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/once-it-was-touch-and-go-now-contactless-is-a-new-wave-revolution\/","url_meta":{"origin":99,"position":1},"title":"Once it was touch and go, now contactless is a new-wave revolution","date":"September 10, 2016","format":false,"excerpt":"\r The technology had a slow start, but today we are using it to make one in every five card paymentsOne in every five card payments we make is now contactless, marking a major milestone in the \u201cwave and pay\u201d revolution, industry figures due out soon are expected to confirm.Contactless\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-used-for-1bn-uk-purchases-in-2015\/","url_meta":{"origin":99,"position":2},"title":"Contactless payments used for 1bn UK purchases in 2015","date":"February 26, 2016","format":false,"excerpt":"\r Increase in transaction limit to \u00a330 boosted spending by more than 200%UK shoppers made more than 1bn contactless purchases on credit and debit cards in 2015, and used the technology for almost one in eight of all card transactions in December.An increase in the amount that could be spent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cash-no-longer-king-as-contactless-payments-soar-in-uk-stores\/","url_meta":{"origin":99,"position":3},"title":"Cash no longer king as contactless payments soar in UK stores","date":"July 12, 2017","format":false,"excerpt":"\r Landmark moment as cards now account for more than half of all purchases, according to British Retail ConsortiumIs this the tipping point that signals the beginning of the end for cash? For the first time, notes and coins have been toppled from their position as the UK\u2019s number one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-card-payment-limit-set-to-rise\/","url_meta":{"origin":99,"position":4},"title":"Contactless card payment limit set to rise","date":"February 12, 2015","format":false,"excerpt":"\r Trade body says new spending limit will be \u00a330, with average supermarket spend worth \u00a325Shoppers making contactless payments will be able to buy goods worth up to \u00a330 with a touch of their card when the limit increases in September, it has been confirmed. The UK Cards Association said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sifting-the-facts-from-the-fiction-about-contactless-cards\/","url_meta":{"origin":99,"position":5},"title":"Sifting the facts from the fiction about contactless cards","date":"May 25, 2013","format":false,"excerpt":"\r Can someone else scan your contactless card through your pocket \u2026 we ask the experts what's true and what's notThe reports of contactless charging errors on buses and in stores will have left some people nervous \u2013 and have prompted a flurry of theories about what's wrong with the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=99"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u2018Wave and pay\u2019 revolution starts to gather pace, although millions of people remain locked outOne in every 10 card payments we make is now contactless, suggesting that the \u201cwave and pay\u201d revolution is gathering pace, it emerged this week.Contactless payment cards were introduced in the UK in 2007, and after a slow start tap-and-go is beginning to take off. In October, 10.3% of all card transactions were made using contactless technology, the first time the 10% milestone was passed, according to the UK Cards Association. In September, 8.9% of card payments were contactless, while a year ago just 3.7% of card payments were made with a single swipe against a reader at the till. Continue reading…
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\nSource : theguardian.com
\nRead more…Contactless card transactions top 120m<\/a><\/p>\n