Article

Payment Industry’s Response to Covid-19 Part 4

Contactless Visa reported a substantial shift to contactless card payments in the face of the pandemic. The number of contactless cards in Latin America tripled in the last year, while contactless transactions exceeded 50% of face-to-face payments in Chile and Costa Rica. Contactless transactions accounted for one-third of the purchases on Visanet between January and March, up from one-fourth a year ago. In Europe, 78% of Mastercard transactions were contactless, up from 75% before the pandemic. JudoPay will partner with Mastercard to provide contactless payments for The Pharmacy Centre,...

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May 2020
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