10 April 2006 68 views No Comment Print This Post  Email This Post

From ePaynews.com:

During 2006, Visa Europe is to pilot contactless payments in several EMV card-using countries, including the UK, to leverage EMV infrastructure with a view to commercial roll-outs in 2007. To support these pilots, merchants in Europe will have to add contactless card readers to their EMV-based POS infrastructure and encourage customers to use contactless cards. With Visa surveys showing that contactless cards increase spend totals, retailers are keen to tap this incremental spending potential and in the UK, are already working with banks to maximize the opportunities.

To read more: ePaynews.com
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