Full speed ahead for Visa swipe

VISA expects its super fast debit card to be launched in the Irish market this year — it allows small transactions be completed in one fifth of a second.

Cardholders would be able to pay for transactions under €15 by swiping their card rather than entering a pin number.

Visa Ireland said however that people would have to check in with their bank if more than €45 was used on the card which would avoid issues with theft.