When contactless was initially launched in the UK 14 years ago the limit was set at £10. This has gradually increased, in part due to the pandemic with the use of contactless payments becoming the preferred option as businesses and customers became less comfortable with cash for sanitary reasons.

Our head of product marketing, Peter Alcock, discusses the most recent contactless limit increase in the UK and why this may drive consumers to swap contactless cards for mobile payments moving forward. Learn more about the future cashless society in Finextra.


Read the full article here.

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NMI Insights

Taking a Placement Year at NMI

Meet Dan! Dan, a student from UWE, undertook a placement year at NMI as a Software Developer. Why did you choose to d...

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Insights

Will 2018 be the year of contactless payments in the US?

In the UK, card payments have overtaken cash payments and now account for more than 50 percent of all retail purchases, of...

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CTO Insights: Can PIN-on-COTS Take EMV The Final Mile In The US?

Earlier this month, the PCI Security Standards Council released a new security standard that allows for PIN entry on comme...

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NMI Insights

The Ultimate White Label Payment Gateway Introduction for Merchant Acquirers

The Average Payment Gateway What Payment Gateways do Payment gateways play an essential role in the processing of a cred...

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4 Reasons To Love Working at the Creditcall WeWork Office

With our New York office quickly expanding we wanted to share some experiences of working for Creditcall in the Big Apple....

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CTO Insights: PIN-on-Glass is coming

Imagine taking a regular mobile phone and turning it into a payment device with a simple app download. That’s the utopian ...

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Transit Insights: Studies highlight transportation desire for modern payment methods

Over the past couple months, we’ve written about the contactless payment revolution taking place in the mass transit secto...

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Transit Insights: Is Transit ready for the contactless payments revolution?

Translink explains how it will bring cutting edge fare collection to public transport in Northern Ireland. By Creditcall T...

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10 Top Tips to Studying in Bristol

Being born and bred in Bristol (though we’re now known worldwide), all of us at Creditcall HQ wanted to welcome new and re...

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Mass Transit Is Ready For Credit & Debit Payments. Are ISVs?

Today, travelers using the tube and mass transit in the London area have the ability to pay for their fares using their ow...

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CEO Insights: SME Retailers Being Neglected When It Comes To Next-Gen Payment

In today’s world of retail dominated by the Amazon’s of the world, SMEs need to leverage every resource they can to survi...

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CEO Insights: Creditcall Named To “1000 Companies to Inspire Britain” List

At Creditcall, we have a lot to celebrate this month. We were recently named to the “1000 Companies to Inspire Britain” l...

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CEO Insights: It’s Time To Address The Payments Needs Of European SMEs

In past blogs we’ve discussed the many challenges facing software developers when it comes to keeping up with payments se...

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CEO Insights: Contactless Payments On The Rise Globally

The headline says it all. Reports from a variety of sources indicate that contactless payments have risen greatly over the...

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CEO Insights: What’s Your Omni-channel Strategy?

As consumers, we’re all aware of the changes that have taken place in the retail world when it comes to our everyday shop...

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CEO Insights: The Struggles Of An ISV In A Payments World

Software developers with solutions that intersect with the world of payment processing know that business can be fun, e...

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CEO Insights: EMV in US still has a long way to go

The latest EMVCo numbers were published just before the New Year. While the latest numbers only reflect transactions up t...

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CEO Insights: Will 2017 bring us the ultimate payment method?

In my previous post, we discussed the confusion created by the various payment-related products, apps, and services that h...

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CEO Insights: Payment methods, will we ever settle on a standard?

I was recently at a restaurant just outside of London with my wife and when we got to the usual payment experience, we sa...

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CEO Insights: New payment methods accelerate EMV

Over the past few weeks, we’ve been discussing EMV adoption within the United States. Specifically, what’s driving adopti...

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CEO Insights: It’s time to address slow EMV transactions

One of the most common complaints we hear about EMV is the lengthy transaction times compared with standard swipes. While ...

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NMI Insights

CEO Insights: Are chargebacks helping or hurting EMV adoption?

Last week we discussed the current state of EMV adoption in the United States. Today, more than a year past the original O...

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CEO Insights: Don’t let EMV certifications slow you down

Despite being more than a year past the U.S. EMV liability shift, there’s still much work to be done. Depending on which o...

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Insights

Weekly EMV Industry News Roundup - 11 August 2016

U.S. Payments Forum updates minimum requirements for US EMV chip deployment Finextra To help merchants and acquirers dev...

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NMI in the News

Pay-Fac Sooners and Boomers

Payment Facilitators (Pay-Fac) may be the next wave of “timing is everything” for the payments industry and could bring a ...

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Weekly EMV Industry News Roundup - 4 August 2016

Square’s Pricey Bet Pays Off as Merchants Pick Readers that Combine NFC + EMV PaymentsSource The tough move from free...

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Weekly EMV Industry News Roundup - 28 July 2016

Will the Olympics ‘payment ring’ jumpstart NFC demand CSO Near Field Communication (NFC) – the “mobile wallet” techno...

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Weekly EMV Industry News Roundup - 22 July 2016

EMV Group Rebrands to go Beyond Chip Cards PaymentsSource The industry-led EMV Migration Forum is changing its name a...

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Weekly EMV Industry News Roundup - 15 July 2016

Visa’s mobile payments push goes for Olympic Gold PaymentWeek The Olympics—whether summer or winter variety—are a gre...

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Weekly EMV Industry News Roundup - 30 June 2016

Move could speed retailers’ shift to secure chip cards Chicago Tribune The switch from magnetic stripe credit and debit ...

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NMI in the News

Will Pay-Facs Kill the VAR Model?

Integrated payments has been the darling of the finserv industry for years now, but it’s possible a category killer is loo...

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