INSUBCONTINENT EXCLUSIVE:
The UK is continuing to lead the way as a global leader in payments technology, according to new data from Mastercard.The firm has revealed
that almost half of all in-store card transactions made in the UK use contactless technology, making it the most widely-used form of
electronic payment in Europe.Overall, Mastercard found that contactless already represents 46 per cent of all transactions being made in the
UK each month.UK contactless paymentsThe research also revealed that the number of contactless transactions has increased 95 per cent over
the past year, with the proliferation of the necessary hardware and software systems continuing to spread across the country.Transport is
The technology has fast become synonymous with our everyday payments
It is faster and easier to use than cash and yet it affords more security