Mastercard Incorporated MA recently announced that its contactless credit and debit cards will be accepted for fare payments on the MTR heavy rail network in Hong Kong, excluding the Airport Express.

One final concern the experts have is the level of confusion this has brought in each bank may react differently. It’s ...

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 ...