MasterCard: a significant increase in the use of one-touch credit cards in Europe

Europeans like to pay with one-touch cards virtually in any location. According to MasterCard Europe’s compilation, sent to MTI on Monday, in the last quarter of 2014, the number of one-touch transactions in Europe increased by 174 percent on an annual basis, while the cardholders used their one-touch cards 20 percent more.

Currently more than 3 million retail locations are accepting the one-touch cards worldwide, which means that the number of accepting points is increasing by 50-60 percent every year. The one-touch payment is very popular in the Czech Republic, where 52 percent of the in-store transactions is carrierd out by MasterCard and Maestro Card one-touch cards. This ratio is 33 percent in Poland, 18 percent in Hungary, and 17 percent in Slovakia. (MTI)