Survey: Contactless cards gain popularity in UK for low-value items

Credit and debit cards equipped with contactless technology are quickly gaining acceptance for low-value purchases, according to a new survey conducted by Visa Europe. The company found that nearly 60 per cent of UK users preferred contactless payments over cash or cards if in a rush, while nearly a third said they would choose the technology in any situation where there was a queue. However, over 40 per cent of users were worried about losing money if their card was stolen, given the card doesn't need a PIN number for a transaction, albeit that they are protected to the same level of consumer protection as all Visa card holders. Article

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