Marks & Spencer Adopts Contactless Payments
U.K retail giant Marks & Spencer has become the latest retailer among a list of others to introduce contactless payments in its stores. Computer World reported that in collaboration with Streamline, a payment value chain specialist, and Visa Europe, Marks & Spencer will launch the new system in 25 of London’s busiest retail stores. Customers will now be able to pay for goods worth up to £20 in under a second by simply tapping on a payment terminal with their contactless cards. With the growth of contactless payment terminals in the UK, Visa predicts that there will be more than 30 million contactless payment cards issued by 2013.