Articles with tag like: contactless transaction

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Contactless transaction limit to increase amid coronavirus, AusPayNet reports

News | Online Payments | 03 Apr 2020

Australian Payments Network (AusPayNet) has confirmed that the payment industry will be increasing the PIN limit for contactless card payments.

payments, contactless transaction, COVID-19, cards, PIN, AusPayNet, regulations, coronavirus, payment terminals, retailers

EBA urges Europe to increase contactless transaction limit

News | Online Payments | 27 Mar 2020

The European Banking Authority (EBA) has issued a statement urging the European payments industry to increase contactless transaction limits to EUR 50 (USD 54.97).

EBA, Europe, contactless transaction, payments, in-store, fraud, identity, merchants, coronavirus

Cards not used for online payments to be disabled across India, says RBI

News | Online Payments | 24 Jan 2020

The Reserve Bank of India (RBI) has asked banks and card issuers to disable online payment services of all credit and debit cards that have never been used for online/contactless transactions.

India, RBI, card-not-present transaction, online payments, contactless transaction, cards

AFS Bahrain deploys FSS PoSability for POS contactless transactions

News | Cards | 18 Jul 2019

Arab Financial Service (AFS) has become the first processor in Bahrain to obtain BENEFIT Switch Certification for POS contactless transaction.

AFS Bahrain, FSS, PoSability, POS, contactless transaction, card

46 percent of all UK payments are contactless, research finds

News | Online Payments | 24 Sep 2018

Mastercard research has found that 46% of all UK payments are contactless.

UK, MasterCard, contactless transaction, research, Europe, electronic payment, TfL, cards