Post Office is leading the way in payment technology with today’s announcement that it has installed contactless payment terminals across 30,000 counter positions in its unrivalled network of over 11,500 branches across the UK.
The move makes the Post Office the biggest user of contactless acceptance technology in Europe allowing customers to pay for transactions of up to £20 using contactless cards and Near Field Communication (NFC) equipped mobile phones with a simple tap of their card or mobile phone at the counter position.
The Post Office is currently undertaking the biggest transformation programme in its history. It is modernising its network to make it as easy as possible for customers to do business with it, with new open plan branches, increased automation and longer opening hours.
Nick Kennett, Director of Financial Services at the Post Office said: “The Post Office network is bigger than all the banks combined, with over 11,500 branches. As the largest provider of contactless payment terminals in Europe we are pleased to be leading the way in bringing this technology to the 20 million customers which visit our branches each week.”
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