Which country was the first to use contactless payments?


Which country was the first to use contactless payments? The first ever widespread use of contactless payment was recorded in South Korea in 1995, where the Seoul Bus Transportation Association issued a UPass card for passengers. It allowed making contactless payments for trips.


Why doesn t america use contactless?

Why aren't tap and go (contactless payment systems) as widely used in the US as they are in some other countries? They are a new form of payment, and merchants generally prefer to use known forms of payment, with known risks. Setting up your business to accept a new form of payment can be a major undertaking.


What is the contactless limit UK?

The limit for a single contactless card transaction is £100. This is the most you can pay in one go by tapping your card. For anything over £100, you'll need to use Chip & PIN. Bear in mind some merchants could have their own limit under £100.