The ERPB therefore definitely deserves the chance to prove itself in the years ahead. Contactless paying may be generally adopted a few years from now Currently half of all bank cards and over one tenth of the 280,000 payment terminals have been equipped for contactless payment. The latest generation of smartphones can also be used for contactless payments.
Particularly for payments up to EUR 25 – the most frequent ones – this saves a lot of time, as they take nine seconds as opposed to 20 seconds for contact payments.