Contactless Payments

Nearly 80% of Canadians Using Contactless Payments Amid COVID-19 Pandemic

According to a new Mastercard global consumer study, 76% of Canadians say contactless payments are now their preferred way to pay when making in-store purchases citing convenience, safety, and cleanliness amid the COVID-19 pandemic. For 70% of Canadians, contactless payments are now their first choice whereas 47% are now using contactless payments more than they did before....

35% of Canadians Regularly Used Contactless Payments via Mobile in 2018: Report

According to Payments Canada's annual Canadian Payments Methods and Trends Report, which analyzed the 21.1 billion payment transactions totalling more than CA $9.9 trillion in value made in 2018, mobile devices were used by nearly 35% of Canadians for contactless payments regularly. The study found that Canadians are rapidly adopting newer digital channels, such as...

Contactless Payments in Canada See 45.75% YoY Growth in Q4 2017: Moneris

Moneris Solutions Corporation, one of Canada's largest processors of debit and credit payments, has released its Q4 Canadian spending report revealing a 45.75% year-over-year growth in the fourth quarter of 2017. Customer spending in Canada also saw a 4.26% increase during the same time period, with 2017 posting an overall increase of 4.14% as compared to the previous year, according...

Apple to Lead Contactless Payments Market Over the Next 4 Years

According to a new data by financial analytics firm Juniper Research, Apple is expected to dominate contactless payments market over the next 4 years, leading Samsung, Google and Others. The research predicts that the number of OEM-Pay contactless users, including Apple Pay, Samsung Pay, and Android Pay, will surpass 150 million by the end of this year....

Apple Pay Reportedly Set for July 14 Launch in the U.K.

According to a new report from 9to5Mac, Apple Pay will launch in the U.K. on Tuesday, July 14. The company is expected to begin training its own staff for its arrival on July 12. 9to5Mac has obtained documents from two retailers, including major British supermarket chain Waitrose, which confirms that Apple Pay will be launching...