126m in-store contactless purchases were made via mobile devices in the UK last year, with spending passing £975m. According to payment processing company Worldpay, this spending accounted for a 328 per cent year-on-year growth of in-store mobile spending in 2017. The supermarket sector saw 59 per cent of all in-store mobile transactions, while pubs, bars, […]
Payments platform PayPal and financial firm Visa have announced a strategic partnership that will see the two companies aim to consolidate their mobile payments offering, enhancing their security and growing the audience. According to Visa, the partnership will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice […]
