Contactless Payments On The Rise in Europe

Business | March 20, 2014, Thursday // 14:39| Views: | Comments: 0
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Bulgaria: Contactless Payments On The Rise in Europe File photo

The European consumers made more than 340 million contacltess payments in 2013, shows the data of Visa Europe. 

The sum spent via contactless payments increased threefold and reached EUR 453 M. 

The growth is explained with the increasing popularity of such type of payments.

The service is gaining popularity in Bulgaria as well. By January this year the banks have issued more than 50 000 contactless cards, which can be used at more than 5200 POS terminals. 

The total number of such cards in Europe is 80 million and the terminals are more than 1.3 million.

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