Tesco now the largest contactless retailer in Ireland
9 August 2017 | 0
With over 2,200 contactless payment terminals across the country, Tesco has become the largest contactless retailer in Ireland. The retailer completed the national roll out of contactless technology to all its 149 stores earlier this year, offering consumers the fastest transaction times.
In fact, the average number of contactless Visa transactions is reaching over 330,000 every week.
“Customers are responding well to this offering,” says Geraldine Casey, people & IT director at Tesco Ireland, “with transactions in our stores now accounting for 10% of all Visa contactless transactions.”
Philip Konopik, country manager, Ireland, Visa, praised Tesco for “enabling their customers to benefit from a faster and easier checkout experience.
“That Tesco customers have been so quick to adapt to using contactless technology is a testament to the quality of Tesco’s implementation and in-store communication at the point of sale,” Konopik added.
The increasing popularity of contactless technology among Tesco customers is in line with the rest of the Irish retail sector. According to Visa, over three million contactless transactions are made each week across Ireland, growing from a standing start just over two years ago. As a result, contactless now accounts for one in three of all face-to-face Visa payments.
The increase in the contactless payment threshold from €15 to €30 has had a significant impact on the growth in popularity of contactless payments.