Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Contactless payments – a real benefit for customers and retailers

    Contactless payments – a real benefit for customers and retailers

    npsBy nps19 April 2017Updated:28 June 2024 No Comments2 Mins Read
    — Filed under: Focus
    Share
    Facebook Twitter LinkedIn Pinterest Email

    — last modified 19 April 2017

    Retailers have been at the forefront of introducing innovation and new technology to meet the ever-changing demands and needs of their customers. Contactless technology is another step in making shopping easier and quicker for customers, and allows retailers to serve them more quickly and easily.

    To take advantage of the potential benefits that contactless technology can bring, retailers need to equip themselves and their staff to use the equipment properly and help customers with any issues which might arise.

    EuroCommerce has published a new guide for retailers, giving easy-to-follow advice on how to get the most out of this new technology.

    Contactless cards ? and increasingly apps on mobile devices – present a viable and convenient alternative to cash. They allow payment for small transactions to be completed much more quickly, reducing queuing and waiting times for customers and, as a number of studies have shown, can lead to increased customer footfall.

    Christian Verschueren, Director-General of EuroCommerce said: “In a world where people are under greater time pressure than ever, if customers see long queues in a shop, they may either not go in, or give up waiting. Contactless technology can be introduced relatively easily alongside existing payment systems. A number of merchants that have adopted technology to handle contactless cards have reported a time saving in payments and a significant upturn in footfall.”

    This guide was developed with EuroCommerce members based on a similar guide by the UK Cards Association. EuroCommerce is grateful to them and for the input received from the Euro Retail Payments Board (of the European Central Bank), the European Payments Council (EPC) and the European Consumer Organisation (BEUC).

    EuroCommerce

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Coalition of the Willilng, Paris - Photo © European Union 2025

    EU agrees security guarantees for Ukraine peace settlement

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Bulgaria euro - Photo © European Union 2025

    Bulgaria joins euro zone on 1 January, 2026

    Plastic packaging waste - Image by Pete Linforth from Pixabay

    EU launches measures to boost circular economy and strengthen Europe’s plastic recycling

    Stocks trading - Image by Csaba Nagy from Pixabay

    How European market volatility drives demand for tax efficient trading strategies

    Volodymyr Zelensky - Photo © European Union 2025

    EU to provide EUR 90 billion loan to Ukraine

    LATEST EU NEWS
    Coalition of the Willilng, Paris - Photo © European Union 2025

    EU agrees security guarantees for Ukraine peace settlement

    6 January 2026
    Bulgaria euro - Photo © European Union 2025

    Bulgaria joins euro zone on 1 January, 2026

    2 January 2026
    Plastic packaging waste - Image by Pete Linforth from Pixabay

    EU launches measures to boost circular economy and strengthen Europe’s plastic recycling

    26 December 2025
    Volodymyr Zelensky - Photo © European Union 2025

    EU to provide EUR 90 billion loan to Ukraine

    19 December 2025
    Deforestation - Image by Robert Jones from Pixabay

    Final vote on entry into force of EU Deforestation Regulation

    19 December 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?