London gets ready for contactless payments

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No PIN, no signing, no touch required

DETAILS WERE ANNOUNCED of the initial London roll out of a new wave of contactless debit cards, credit cards and pre-pay cards for payments under £10.

An extension to the existing Chip and PIN EMV network, Maestro / MasterCard’s PayPass and Visa's contactless system will allow users to pay for small goods such as rail tickets, newspapers and beers by waving their card in front of an RFID sensor on a point of sale or vending machine.......

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