First introduced in 2007, contactless payments have since become one of the most popular types of payment in retail.

How are contactless payments made? Payments via contactless are made by tapping your contactless card or device over a reader which will then process and accept the payment.

Nowadays there are lots of benefits to paying with contactless, which is why this payment method has become so popular with many shoppers. So, what are the advantages of paying for your shopping with a contactless payment?

Save time with contactless payments

Contactless is an ultra-fast way of paying for your shopping. All you have to do it tap your contactless card against the reader and you can pay for your items in a matter of seconds. No one likes to spend a long time at a cashier till, so contactless is a great way to speed up the process.

Pay with ease for your shopping

Contactless payments have without a doubt made payment an easier process. There’s no complicated process, or having to find cash or remember your PIN, just a simple tap of your card on the reader and you’re done. Paying for items really couldn’t be easier.

As well as paying with a contactless card, you can also pay with a number of devices which adds extra convenience for the shopper. For example, mobile phones, watches and fitness trackers can all be used for contactless payments.

It’s secure

Paying with a contactless payment is safe and secure. Just like chip & PIN, contactless cards have the same protection which makes them safer than paying with cash. Certain contactless payment methods also set a limit on the transaction amount.

This is set at £30, and if you go over this you will have to use chip & PIN, to help prevent fraudulent activity. There can also sometimes be a limit on the number of times you can use contactless payment in one day, meaning this mechanism further increases security. What’s more, from time to time you will be asked to enter your PIN and verify a transaction to ensure protection from fraud.