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Contactless Card

Type: Keyphrase

Name: Contactless Card

First reported 4 hours ago - Updated 4 hours ago - 1 reports

Retailers need to do more to get consumer buy-in for contactless payment

Mark Hale, KPMG's Head of Payments comments on the latest trend.Mark says,"With contactless payments in the news because of some customers being inadvertently charged twice for shop-bought purchases and recently released data suggesting consumers are ... [Published Retail Bulletin - 4 hours ago]

Entities: Contactless Payment, Mark Hale, Contactless Card, Contactless, Near Field Communication

First reported 13 hours ago - Updated 13 hours ago - 1 reports

They're the latest high-tech way to pay - but shoppers blame them for phantom charges, so how safe are the...

An urgent investigation has been launched into the new generation of contactless bank cards amid fears thousands of shoppers could be hit with phantom charges.Concerns over the security of these cards have been raised by customers of Marks & Spencer who ... [Published NewsRT.co.uk - 13 hours ago]

Entities: Contactless, Contactless Card, Marks & Spencer Group Plc

First reported 13 hours ago - Updated 13 hours ago - 1 reports

How safe are the new contactless bank cards?

Entities: Contactless, Contactless Card, Contactless Payment, Marks & Spencer Group Plc, Ross Anderson

First reported May 21 2013 - Updated May 21 2013 - 1 reports

PayPal

Headline News - May 21, 2013

Swipely Raises $12.5M to Expand Push Into SMB Payment Analytics - Street Fight - "The payments processing and analytics play announced today that it has raised $12.5 million in new funding in a series B round led by Shasta Ventures…"Contactless cards: ... [Published Glenbrook Partners - May 21 2013]

Entities: Contactless Card, PayPal, Swipely

First reported May 20 2013 - Updated May 21 2013 - 3 reports

UK Contactless Card Payment Rise in Q1 2013

Leading UK contactless credit card comparison website, uk.creditcards.com, comments on news from reported in the Telegraph from Visa that contactless payments are on the increase.Contactless Numbers RocketMany of the best UK credit cards have had contactless ... [Published PRWeb UK - May 20 2013]

Entities: Contactless, Contactless Payment, United Kingdom, Contactless Card, Visa Europe

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Marks & Spencer Group Plc

Contactless cards: how safe is your money?

Marks & Spencer customers complained that they unwittingly paid twice when their contactless cards were activated. How can you prevent charging errors? Some shoppers have complained to the BBC's Moneybox that they had been charged twice for transactions ... [Published Guardian.co.uk - May 20 2013]

Entities: Contactless Card, Marks & Spencer Group Plc, Near Field Communication

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Are M&S’s contactless card errors a cause concern?

More than 30m contactless payment cards have been issued in the UK. But some Marks & Spencer customers are finding their new contactless cards are more trouble than they’re worth.The benefit of contactless payment cards is that, unlike normal chip-and-PIN ... [Published Which? - May 20 2013]

Entities: Contactless Card, Marks & Spencer Group Plc, Contactless Payment, David Coleman, Contactless

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Contactless cards charged by mistake at M

Filed under: Shopping & DealsAnna Gowthorpe/PA WireRadio 4's Moneybox programme has revealed that Marks and Spencer has accidentally taken payments from contactless cards that were not being used for payment. The terminals are only supposed to charge ... [Published AOL UK - May 20 2013]

Entities: Contactless Card, Contactless, Marks & Spencer Group Plc, United Kingdom

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Fire-new USB Contactless Card Reader Optimizes RFID Applications Immensely

-- Since the RFID technology grows rapidly, RFID applications have been expanded and USB contactless card readers have also become more and more popular in RFID fields. In order to make full use of the high performance of USB contactless card readers, ... [Published Scoop Asia - May 20 2013]

Entities: Radio-Frequency Identification, Contactless Card

First reported May 20 2013 - Updated May 20 2013 - 1 reports

USB Contactless Card Reader – Significant and Requisite Tool in Modern Personnel Control

-- So far, USB contactless card reader has been diffusely applied into a variety of contactless applications. In personnel control, USB contactless card reader has been widely recognized the crucial tool and achieved lots of praise. Hence, DAILY RFID ... [Published Scoop Asia - May 20 2013]

Entities: Contactless Card, Contactless, Radio-Frequency Identification

First reported May 20 2013 - Updated May 20 2013 - 2 reports

Contactless cards hit shoppers with phantom charges: String of complaints after customers paid for items...

Fears that a new generation of debit cards could be hitting shoppers with phantom charges grew last night after a string of complaints.They say money was taken from their contactless payment cards - even when they did not try to use them - at stores including ... [Published NewsRT.co.uk - May 20 2013]

Entities: Contactless Card, Complaints, Contactless Payment

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Customers charged twice for items because contactless cards were activated from their pockets

They say money was taken from their contactless payment cards – even when they did not try to use them – at stores including Marks & ... ... [Published The Sydney News - May 20 2013]

Entities: Contactless Card, Contactless Payment

Quotes

Mark says, "With contactless payments in the news because of some customers being inadvertently charged twice for shop-bought purchases and recently released data suggesting consumers are more aware of contactless payment technology. "Customers want a quick, pain-free, experience at the tills but recent history suggests that the reality is far different. They see contactless terminals lost on the counter space and, in my experience, usually require staff intervention to ensure transactions go through. The end result is a poor experience and without concerted action, consumer cynicism about contactless cards will set in. Consumers are nervous, believing that the technology is unreliable, at best, and unsafe, at worst. Its a scenario that will continue to play out unless merchants develop a clear collections strategy, a simple and trustworthy payments process, and staff who are trained in both. In a society dominated by hyper-connectivity, customers are demanding instantaneous transactional information, together with the ability to speed up the payment process. Where pay as you go once meant payment for short-term expenditure, it is taking on a new meaning now as customers want to pay on the move. Near field communication offers exactly this, but unless it is implemented correctly and glitches in the system are ironed out, the benefits of the technology will be lost and displaced by movement in the mobile marketplace. Tell us what you think - leave a comment below."

Retailers need to do more to get consumer buy-in for contactless payment [Published Retail Bulletin - 4 hours ago]

Research analyst Phil Sealy adds: "In the short-term, m-POS vendors do not provide a specific threat to international networks. In fact, the international networks are encouraging use to increase the likelihood that its branded cards will be used to make a payment. It is in its early days and many may fall by the wayside but the real threat comes when the successful m-POS solution providers follow the PayPal model and enable their own digital wallets and P2P transactions which could completely cut the international networks out of the equation."

ABI Research: International Payment Networks Confronting Emerging Threat from Domestic Competitio ... [Published Individual.com - 9 hours ago]

"Markets like the UK, Poland and Spain are leading the way in contactless use and we’ve been instrumental in delivering great success stories, like the roll-out of Visa contactless acceptance on Transport for London’s bus network.”"

Contactless payments exceed five million in March [Published Computer Weekly - 23 hours ago]

Google Admits Defeat In Its 7-Year Battle With Amazon And PayPal - ReadWrite - "Google Checkout may have had great expectations, but it delivered little in the way of results."

Headline News - May 21, 2013 [Published Glenbrook Partners - May 21 2013]

More Content

sort by: Date \| Relevance
Future of contactless payments looks rocky, say... [Published KPMG UK - 3 hours ago]
Retailers need to do more to get consumer buy-i... [Published Retail Bulletin - 4 hours ago]
Enhancing T&E Card Programs: Analysis of Commer... [Published Individual.com - 6 hours ago]
ABI Research: International Payment Networks Co... [Published Individual.com - 9 hours ago]
ABI Research: Dominant Payment Brands Face Comp... [Published Zecco - 10 hours ago]
They're the latest high-tech way to pay - but s... [Published NewsRT.co.uk - 13 hours ago]
How safe are the new contactless bank cards? [Published This Is Money - 13 hours ago]
UK spends Â£39m via contactless in March [Published Retail Systems - 23 hours ago]
Contactless payments exceed five million in March [Published Computer Weekly - 23 hours ago]
Headline News - May 21, 2013 [Published Glenbrook Partners - May 21 2013]
Survey reveals demand for contactless and NFC p... [Published NFC World - May 21 2013]
Marks & Spencer’s POS Charges Contactless Regar... [Published Storefront Backtalk - May 21 2013]
A positive outlook for the Finnish cards and pa... [Published Timetric - May 21 2013]
United Kingdom payment card market: New market ... [Published TransWorldNews - May 20 2013]
Contactless cards: how safe is your money? [Published Guardian.co.uk - May 20 2013]
Are M&S’s contactless card errors a cause concern? [Published Which? - May 20 2013]
UK Contactless Card Payment Rise in Q1 2013 [Published PRWeb UK - May 20 2013]
Contactless payment reaches watershed moment as... [Published Mobile Payments World - May 20 2013]
Contactless card payments grow by 46% [Published Compare Prepaid - May 20 2013]
Marks & Sparks accused of silently bonking punt... [Published The Register - May 20 2013]
Visa contactless payments in Europe surge 46% i... [Published Trusted Reviews - May 20 2013]
Contactless cards charged by mistake at M [Published AOL UK - May 20 2013]
Fire-new USB Contactless Card Reader Optimizes ... [Published PR inside - May 20 2013]
Fire-new USB Contactless Card Reader Optimizes ... [Published Scoop Asia - May 20 2013]
USB Contactless Card Reader – Significant and R... [Published Scoop Asia - May 20 2013]
USB Contactless Card Reader – Significant and R... [Published PR inside - May 20 2013]
Contactless cards hit shoppers with phantom cha... [Published NewsRT.co.uk - May 20 2013]
Customers charged twice for items because conta... [Published This Is Money - May 20 2013]
Customers charged twice for items because conta... [Published The Sydney News - May 20 2013]
Customers charged twice for items because conta... [Published Mail Online UK - May 20 2013]

Blogs

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Give credit to current card rules [Published Financial Post \| Opinion » FP Comment - Feb 20 2013] GettyStores should continue to have to accept all cards under the Visa or MasterCard brands. Removing ban on card surcharges would hurt consumers Canadians don’t know it, but there is an active public policy debate underway with proposals on ...
Samsung Puts NFC Stickers In Coffee Bean In Sin... [Published TechCrunch Europe - Feb 12 2013] Samsung and The Coffee Bean & Tea Leaf have placed Samsung-branded NFC stickers in all 51 outlets in Singapore. Their marketing campaign runs from 8 February to 7 March, and will reward Samsung NFC-device users with an upsized drink for tapping the ...
Samsung Puts NFC Stickers In Coffee Bean In Sin... [Published TechCrunch - Feb 12 2013] Samsung and The Coffee Bean & Tea Leaf have placed Samsung-branded NFC stickers in all 51 outlets in Singapore. Their marketing campaign runs from 8 February to 7 March, and will reward Samsung NFC-device users with an upsized drink for tapping the ...
2013 Mobile Money Predictions by Monitise [Published MobileFI - Jan 23 2013] Carl Tsukahara, Chief Marketing Officer, Monitise All signs point to 2013 witnessing the continued growth of the booming Mobile Money industry. According to the MEF Global Consumer Survey, 64 percent of the world’s mobile media users now utilize ...
London’s buses become the city’s first mode of ... [Published The Next Web - Dec 13 2012] While plans to roll out contactless payments across the London Underground are on hold until 2013 , the whole fleet of London buses ais now able to handle wireless payments using a MasterCard or Maestro card, offering the same discounts offered to ...

Press Releases

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Fire-new USB Contactless Card Reader Optimizes ... [Published PR inside - May 20 2013]
USB Contactless Card Reader – Significant and R... [Published PR inside - May 20 2013]
International Payment Networks Facing Emerging ... [Published Business Wire - May 17 2013]
NFC Forum Chairman and Vice Chairman to Deliver... [Published Business Wire - May 09 2013]
OSPT Alliance Releases CIPURSE V2 Mobile Guidel... [Published Business Wire - May 02 2013]