Visa reports 1bn extra contactless transactions in Europe since payment limit rises

Visa has processed 1bn additional PIN-less, touch-free payments since 29 countries across Europe increased contactless transaction limits in response to the Covid-19 pandemic last year, the card network reports. Some 400m of these additional transactions took place in the UK, where the contactless limit rose to £45 (US$62) in March 2020 and is being increased […]

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