Halifax rolls out contactless Visa Paywave cards

Halifax is the latest bank to provide customers with contactless cards to make micro payments with 25,000 customers in London being sent Visa payWave cards.

Halifax is the latest bank to provide customers with contactless cards to make micro payments with 25,000 customers in London being sent Visa payWave cards.

These cards enable users to pay for goods worth up to £10 without the need to enter the card or Pin into card readers and can be used in certain retail outlets. These include shops, petrol stations, bars and restaurants around the City of London.

MasterCard also has a system known as PayPass

The initial phase of the Halifax roll out is in London but it is anticipated that the technology will be rolled out across the UK from mid-2008.

Apacs estimates suggest that more than 5 million contactless cards will be issued by the end of 2008 and they will be accepted in at least 100,000 retailers.




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