Figures have revealed contactless payments now account for 18% of sales – up from 7% a year ago. A report by the UK Cards Association said that contactless transactions were higher in the six months to June than they were for the whole of last year. The average transaction cost Read more…
Contactless card payments are fast and convenient, but convenience comes at a price: they are vulnerable to fraud. Some of these vulnerabilities are unique to contactless payment cards, and others are shared with the Chip and PIN cards – those that must be plugged into a card reader – upon Read more…
Article on the the Mail Online showing how contactless payment cards can be copied and cloned in a mater of minutes, including some real life examples of where this has been used to defraud customers or stores out of money. Even some accidental use of these cards meaning some customers Read more…