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Technology

Costcutter Introduces Contactless Payment Technology In 500 Stores

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Costcutter Introduces Contactless Payment Technology In 500 Stores

Costcutter has introduced contactless payment technologies in 500 UK stores, allowing customers to make transactions of up to £20 quickly and conveniently.

The VX 820 PIN pad terminals have been installed in Costcutter stores by payment solutions provider Box Technologies, allowing contactless payment by credit or debit card and NFC payment with smartphones.

Commenting on the new store technology, Costcutter IT Director Kevin Widdrington said, “Contactless payment speeds up transactions, making paying for your shopping quicker and therefore more convenient."

"The cost per transaction can also be significantly lower than traditional chip-and-pin payments, offering potential cost savings for our members," he added.

 

© 2013 - ESM: European Supermarket Magazine by Ellen Lunney

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