Visa, Inc.’s fiscal Q1 reveals that cross-border volumes have grown, and contactless payments are making progress in the UK, and beyond. To learn more about the topic and get help with chargeback insurance providers, just keep on reading this post.
Contactless Payments & Chargeback Insurance Providers
During 2015-2019, contactless payments made huge advances. In June 2019, the UK witnessed 761 million contactless transactions. London represents the centre of contactless payments in the country.
Visa Inc. increased its success in advanced online payments, tokenization, and contactless transactions last year. Visa CEO Al Kelly says that the company’s 1/3 CP (card-present) transactions worldwide are contactless. A year ago, that number was 1/4.
In fact, the network’s payment volume rose by 8% YoY (year-over-year) to $2.3 trillion. What about your eCommerce business in the UK? Are you offering the right payment-processing options to your customers? In case you need help in this regard, … Read the rest “Visa: eCommerce, Contactless Payments, & Tokenization”