Simon Rushforth of Featurespace depicts the contactless payments adoption status and the contactless fraud that is looming on the horizon
For the first time, more payment transactions in the UK are made using a contactless card or device instead of chip and pin. This is clearly a boon for retailers, as it becomes even easier to make a transaction, but an uptick in frictionless payments also might mean an increase in contactless fraud.Read the full article here.
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