RBS, NatWest Announces Contactless Visa Card Rollout

What's Next In Payments®
4:10 PM EST February 5th, 2013

RBS and NatWest have released plans to issue two million contactless Visa cards to U.K. consumers within the next year.

“Many major merchants like Marks & Spencer, the Post Office and London’s buses are now accepting contactless payment as the service becomes a high street reality,” said Mark Austin, vice president, contactless at Visa Europe. “We are expecting to see contactless transaction volumes quadruple in 2013 as momentum in this exciting space continues to grow.”

There are currently around 30 million contactless cards in the U.K. and 50 million in Europe, according to Finextra.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
B2B Payments
Omnitracs Appoints Jim Gardner as Vice President of Marketing
B2B Payments
Emdeon Buys Change Healthcare
B2B Payments
A Major New B2B Accessories Site
B2B Payments
Freight Tonnage Soars In October
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Personalized Payroll Firm Pulls In Big Name Investors
B2B Payments
Alibaba Preps Logistics Move
B2B Payments
Omnitracs Appoints Jim Gardner as Vice President of Marketing
B2B Payments
Emdeon Buys Change Healthcare
View All Articles ››