Visa NZ sees rapid rise in contactless card use amid strong payment volumes

Thu, 06 Nov 2014

By Paul McBeth Nov. 6 (BusinessDesk) - Visa Inc's local unit has seen a trebling in the use of contactless card transactions over the past year, as people become more comfortable with the new way of paying for small items in a strong domestic market. Local consumers made 3.2 million transactions using Visa's contactless payWave technology in September, the most since the technology, which lets a purchase be made without swiping a credit or debit card through a terminal, was launched in 2011, and more than three times the level it was last...

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