03-07-2024 09:40 via retailtechnologyreview.com

Retailers’ guide to navigating failed payments

By Brad Hyett, CEO at phos.With the news from UK Finance that 93% of all UK cards are now contactless, we cannot underestimate the importance of a reliable digital payment infrastructure. But what happens when traditional chip-and-pin machines fail? We all remember the recent tech outages across McDonald's, Tesco, and Sainsbury's, which forced the outlets to close down.
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