The future belongs to the contactless cards

The bank card market is getting more lively: Visa and MasterCard both see the future in contactless cards.

According to the annual report of Visa Europe; the volume of the Visa card spendings increased by 16 percent, between the end of September 2009 and the same period of the following fiscal year in Europe. With this, the company generated a  more than 1,000 billion euros turnover – reports Világgazdaság Online.