Following a milestone in August, when spending via contactless accounted for 20% of all card transactions in the UK, the technology has reached another: contactless now makes up a quarter of all UK card transactions, according to the latest figures from the UK Card Association (UKCA).
IZettle, Square's European rival, has raised €60m ($63.4m) in new funding and has also appointed a new CFO, Maria Hedengren.
ING has partnered with Dutch startup, Whydonate, to create a contactless charity collection box to help keep the charity sector innovative in a time when cash is being used less frequently.
It's beginning to look a lot like contactless, everywhere you go. So much so that contactless payments have increased by 166% year-on-year, according to new research from Barclaycard.
With advancements in technology and the subsequent availability of data, it seems surprising that banks seem to know less about their customers than ever before.
Barclaycard has launched, what it describes as, the 'world's first contactless beer pump'. According to the card issuer, the pump is designed to target the 12-minute average waiting time at the bar by speeding up the order, the pouring and the payment process.
PayPal has partnered with Citigroup to make paying using mobile phones easier. As part of the deal, Citi will become the first bank to have its cards tokenised for in-store purchases using PayPal.
Christmas is a time for family, friends, love and Christmas TV, and new research shows that one more thing that people do during Christmas is...Christmas shopping.
France's interbank network, Le Groupement d'intérêt Economique des Cartes Bancaires (CB), has chosen digital security company, Gemalto, to supply Pure - it's payment solution for mobiles.
Saying thanks in China has just got a whole lot more caffeinated as Tencent, the company that owns the social media platform WeChat, has struck a deal with coffee chain Starbucks to introduce a gifting feature into the platform.