Chip & PIN Solutions Seven Top Card Processing Myths

UK consumers love plastic, and more than ever before the UK is moving into a cashless society, due to new technologies such as Contactless Payments and Wallet based apps.

If you haven’t done so already, investing in credit & debit card processing is a great opportunity to tap into this enormous and lucrative market.  Card acceptance has grown considerably over the last 2 years. The UK Card Association has contributed this growth to Contactless Payments and Digital Wallets such as Apple Pay and Samsung Pay. With more than 101.8 million contactless debit and credit cards in circulation in the UK, 125 taps every second and spending reaching 2 billion a month, it is clear to see that consumers are opting for contactless payments at the till.