Post Office Ltd is making good on its promise to roll out contactless payment terminals across its 11,500 branches network, according to guardian.co.uk.
On June 6, the UK Post Office will introduce contactless payment terminals enabling customers to pay for goods by waving their contactless credit and debit cards and payment-enabled mobile phones over the sales terminals without the need to input a PIN.
“Contactless will bring huge benefits to our customers by increasing choice and reducing transaction times,” said Lesley Sewell, chief information officer at Post Office Ltd.
Once installed, owners of MasterCard PayPass or Visa payWave cards will be able to use the readers, along with the limited number of people with NFC equipped mobile phones. Payments using the technology will be limited to up to £20.
The roll out will be complete by the end of October.