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Visa Europe’s Future of Retail research

Research by Stylus, shows the UK ranks 2nd in readiness to integrate new technology and meet demand from tomorrow’s shoppers across Europe. To derive the score, the research first looked at the key consumer trends that are re-shaping the retail sector, such as: • Omni-channel shopping • The growing significance of social media in the shopping cycle • The importance of mobile technology

The contactless transaction threshold increases to £30 today. Visa Europe welcomes this new threshold increase and believes it will be the most significant to date.

• The increase to £30 could affect approximately 3 million Visa transactions a day, for a total of over £70 million • Supermarkets, clothes retailers, department stores and pharmacy chains will benefit the most from the increase as 12-20% of all of their transactions fall into the £20-£30 band

Apple Pay Now Available to Millions of UK Visa

UK cardholders will be able to load their cards and use Apple Pay starting today. Apple Pay marks the debut of Visa Europe’s Payment Token Service. Visa Europe’s tokenisation technology is behind Apple Pay and offers enhanced security to protect against potential fraud You can use Apple Pay at any contactless terminal. There is no spend limit on upgraded terminals

1 billion Visa contactless purchases made in last year

1.1 billion contactless transactions made by Visa cardholders across Europe in the last 12 months More than €12.6 billion spent in total More than 130 million Visa contactless cards are now in circulation in Europe Visa’s contactless infrastructure is ready for the next generation of digital payments

Payment tokenisation service launched

Service protects customer data to enable secure and convenient payments across a variety of technologies

Championing the ubiquity of contactless with new “Everyday Britons are paying with Visa Contactless” campaign

New campaign will begin running Monday, 2 February, and will demonstrate how Visa contactless is safe, swift and easy for everyone in the UK everyday