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More than half a billion debit card payments in one month

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A new debit card payment record was set in June: more than half a billion debit card payments in one month . The total rose from 496 million payments in May to 505 million in June. The value of debit card payments at the point of sale was €12.8 billion in both months.

Smiling man makes contactless payment with smartphone at coffee bar, while barista prepares drinks in the background.

Nine out of ten debit card payments are now contactless. Four out of ten contactless payments are cardless and made with a smartphone or smartwatch. Some new mobile payment terminals, such as terminals on retailers’ smartphones, support contactless payments only. A debit card cannot be inserted into these terminals.

Contactless payments are not only quick and easy; they are also secure . For contactless payments of up to and including €50, customers usually do not have to enter a PIN. This gives pickpockets and fraudsters less opportunity to secretly observe the PIN .

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