• Gemalto is now part of the Thales Group, find out more.

Contactless payment is changing everyday life, everywhere

​​​​​The contactless payment wave

2.2 billion contactless cards have been delivered around the world in 2018.

And over 2.5 billion contactless cards will be shipped in 2019 according to Eurosmart.

Around seven in 10 people in the UK now use contactless payment in June 2019. Tap and pay accounts for more than 40% of all card transactions. Canada, Europe, Australia are also moving fast.

In the U. S. about 3% of cards in circulation are contactless (CNBC - April 2019). However the shift to contactless could be fast according to experts because many of the new EMV readers that retailers have installed are contactless-ready.

To sum up: consumers all around the globe are discovering how easy, quick and convenient contacless payment can be for small and frequent transactions with cards, mobiles, rings and wristbands.

Why banks sh​ould go contactless

For banks, the two most powerful drivers to go contactless is market positioning and finding new sources of revenue. 

By offering the latest in payment experiences wi​​th value-added services, you can strengthen your competitive differentiation and build brand awareness. 

Contactless enables banks to capitalize on previously untapped cash markets – and on the trend that both the number of transactions and the total amount spent increases when customers use contactless credit cards.

Check this out:

Over the 2019-2023 period, A.T. Kearney forecasts that U.S. banks could create an additional $2.4 billion in incremental card-related earnings. 


Consumers are most likely to use contacless payment for everyday transactions in areas like fast-food restaurants, drug stores, pharmacies and groceries. The contactless payment limit per transaction is perfectly adapted for these expenses ($100 in the U.S., €25 to 35 in Europe).


Why use contactless payment?

A contactless transaction can be up to twice as fast as a traditional credit card transaction and drastically faster than using cash – reduced queues and less hass​le for both consumers and merchants. 

Contactless means value for all stakeholders: issuing banks, merchants and consumers. 

It sounds simple. And it is.

That is why the contactless wave (with RFID tap cards and NFC mobile phones and wearables) is gaining momentum. 

Contactless payment opportunities

Opportunities abound with new exciting wearable payment devices like rings and watches, new applications in transport and major events.

There's more.

New markets from the unbanked to millennials and previously cash-only segments are also at hand.​

contactless payment

Contactless payment ring and a contactless reader

Gemalto contactless portfolio


Get in touch to find out how Gemalto can help you​

contactless credit card 

How contactless technology works

How it works?

contact less payment with wristband 

Contactless wearables

Wearable devices​

tap card 

All about EMV cards

EMV cards

contactless payments 

The most inspiring case studies

Specific case studies





  • Posted on Nov 07, 2018

    UK consumers are ready to adopt the new biometric payment card

    Gemalto surveyed 821 consumers in the UK to evaluate their perception of the biometric EMV card.

    Read this post
  • Posted on Sep 27, 2018

    Adopting the metal card in Brazil and around the world

    This post looks into the innovative new payment methods, including the rise of contactless and the adoption of metal cards in Brazil and around the world.

    Read this post
  • Posted on Jul 25, 2018

    How contactless payment makes you look cool

    I recently discovered an unforeseen benefit of contactless payment in London – it makes you look cool.

    Read this post