So called PayPass transactions, in which the bank card only needs to be touched to the terminal to transfer money, saw a rise of 27% in number and 35% in value in Q2, as compared to the previous quarter of 2014.
The spread of contactless PayPass transactions have been supported by the growing infrastructure, MasterCard noted.
“MasterCard’s CEE division is a flagship for innovation. Contactless payment is present at the majority of the markets. Transactions with MasterCard® and Maestro® cards have been done with contactless payment in 61% in the Czech Republic, in 41% in Poland with Slovakia and Hungary almost reaching 30%, according to data by MasterCard,” George Simon, President of Central Eastern Europe division at MasterCard, said.