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Costcutter introduces contactless payment

26 July, 2013

Costcutter Supermarkets Group has become one of the first symbol operators to introduce new contactless payment technology across more than 500 of its stores.

Kevin Widdrington, IT director for Costcutter Supermarkets Group, said: “This is a major achievement for Costcutter Supermarkets Group, the symbol group sector and independent retailers. Costcutter Supermarkets Group is one of the first symbol groups to install this technology across the independent retail sector and puts our retailers on a par with the multiple operators who use the same payment technology in their stores.”

He added: “Contactless payment speeds up transactions, making paying for your shopping quicker, and therefore more convenient. The ‘cost per transaction’ can also be significantly lower than traditional chip and pin payments, offering potential cost savings for our members.”

The new terminals include a 3.5” LCD digital display that can be used to display adverts and key promotions. They also support chip and pin credit and debit card transactions.