Finland’s S-Group supermarket chain hase announced plans to adopt contactless chip and PIN payment technology by the end of the year, according to squidcard.com.
In response, S-Group’s competitors Kesko and Suomen Lahikauppa have also announced their own roll out of smart card-supporting terminals in stores next year.
As of now, only half of terminals in Finnish supermarkets accept smart cards, while smaller convenience stores and specialty shops have been quicker to adopt the technology, says Anne Nisen, development manager at the Federation of Finnish Financial Services.
According to sQuid, Kesko is currently testing the new terminals in all of its branches.
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