Tag: Contactless

US Cash Usage To Dip Below 25% By 2026

It is evident that virtually every country in the world will see a decline in cash usage. This is not all that surprising, as cash is one of the least efficient ways to transfer value. Digital payments, plastic cards, and other tools add more convenience, yet put more power into the hands of the banks. New research indicates that the US may soon consider getting rid of large denomination banknotes. …
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Australian Charities Can Soon Accept Contactless Donations

Making a donation to a good cause can be quite cumbersome in the real world. Most of these options hinge on using cash, which is rather annoying to deal with. Thanks to Quest Payment Services Pty Ltd, there is now a contactless donation option. Their Donation Point Tap is tailored towards charities looking to explore new payment options to increase their financial contributions. Contactless Charitable Donations Are A Thing Now …
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New Visa Report Indicates Cash-based Christmas Shopping is On The Way Out

Visa, the world’s leading payment card issuer, stated how cash is slowly becoming a thing of the past in the United Kingdom. With £28bn spent on Visa cards on the first day of the Christmas retail season, their statement holds a lot of merit. Shoppers seem less keen to use cash when shopping, and payment cards are quickly becoming the new trend. But it is not yet time for a …
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Barclays To Deploy Contactless Cash Terminals In Early 2017

Contactless payment technology can be used for other purposes than paying for goods and services. Barclays, one of the UK’s largest financial institutions, will install contactless cash machines throughout the country. By doing so, they will allow customers to withdraw up to £100 in cash by using contactless technology. Barclays Sees Merit In Contactless Cash Options For quite some time, contactless technology was touted as a way to get rid …
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