The standard in-store credit card transaction is clunky and time consuming. Either yourself or a clerk has to insert the card into a reader or swipe it along a slot, then you have to confirm the buy.

Credit Cards: Contactless credit cards enable touch-free transactions without the need to insert or swipe the card at a POS machine.(AP) With each passing day, innovations in the financial landscape ...

Chiara is an award-winning investigative reporter who specialises in banking and fraud, joining Which? in 2015 following six years as a personal finance journalist at a national newspaper. Banks ...

Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives ...

NEW YORK -- More than five years after the development of ExxonMobil's Speedpass, MasterCard and American Express are putting the final touches on contactless versions of their credit cards.

Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits. The proposals from the Financial Conduct ...

You could soon be tapping to pay for things even more than £100, under proposals set out by the Financial Conduct Authority. We can’t promise you’ll have that much in your bank account if you do so, ...

A major change which could affect the way you pay for your weekly shop is being considered by regulators. The cap on ...

Getting a credit card is only the first step in your journey to using it. You also need to get the card activated for carrying out online and contactless transactions and set the spend limits for it ...