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Just when many analysts had come to terms with the 3.5% rise in retail sales in May and the fact this did not seem correct, June has seen a fall of 3.9% in sales – the worst fall in 22 years. The...
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Friday 31st August 2007
The Williams Formula 1 team made a scene at a McDonald's when they made the first public purchase with RBS's new contactless card at a drive-thru in Billingsgate.
Contactless cards are a new innovation - allowing customers to makes payments of up to £10 by card, without swiping, signing or entering a pin number, by just by touching the cards on a special terminal.
The cards can make transactions up to twice as fast, according to RBS, and will be appearing in branches of McDonalds, Oddbins and cafes, delis, pharmacies, bars and sandwich shops across London from September.
Iain Clink, managing director of cards and direct finance at RBS said: "Having been the first in Europe to trial contactless cards means we know that everyone wins with this new way to pay.
"People love the convenience and speed of the card as well as the freedom from worrying about whether they have enough change for everyday things like morning coffee, a newspaper or a sandwich at lunchtime.
"Retailers like contactless cards too because they make paying faster which means faster moving queues and happier customers."
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