Visa says over €1 billion has been spent using contactless cards and NFC smartphones in Europe

Visa Europe says the adoption of NFC contactless payments has reached a ‘critical point’ across Europe.

More than 19 million transactions took place in March 2013, driving the total spend on contactless cards and smartphones equipped with a Visa payWave app to over €1 billion (£856 million).

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Categories: Applications, News

Tags: visa, payments, nfc

Apr

2013

Last week at The Fonecast: 22nd April 2013

Spring in the air

Author: The Fonecast

Mark Bridge writes:

The past few days have seen the arrival of two familiar seasons. Not only has the sun peeked its head from behind the clouds in an approximation of Spring but the mobile industry has been releasing its quarterly results.

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Categories: Handsets and manufacturers, Networks and operators, Applications, Opinion

Tags: opinion, microsoft, google, visa, payments, banking, vodafone, india, uk, t-mobile, legal, twitter, music, htc, lg, samsung

Apr

2013

Visa Europe introduces instant pan-European person-to-person mobile payments

Author: The Fonecast

Visa Europe is enhancing its mobile payment service with two new features: Multi-Currency and Immediate Payments. They’ll be available to any of the organisation’s member banks and payment service providers.

Immediate Payments is being launched in the UK this week, making it possible for consumers to receive money sent from other mobile phones in less than 30 minutes.

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Categories: Applications, News

Tags: visa, payments, europe

Feb

2013