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Tag Archive for point-of-sale

High value contactless payments available across Europe by 2017

Consumers will be able to make contactless transactions for high value payments above the current limit at all contactless terminals across Europe by 2017, MasterCard has unveiled.
The move follows the payment network’s confirmation that all point-of-sale terminals across the continent will be able to accept contactless transactions by 2020. The contactless limit increased from GBP 20 (USD 30) to GBP 30 (USD 46) in the UK just recently.

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