Contactless card transactions now account for one in ten card payments made in the UK, research from The UK Cards Association shows. 120.5m contactless payments were made in October 2015, representing 10.3% of all card transactions that month, a rise from 3.7% in October 2014. A total of £929.8m was spent using contactless in October 2015, with the average value of a contactless payment standing at £7.72.
- Stats show regional variations in UK adoption of contactless and mobile payments during pandemic
- UK retailers explore facial analysis technology for customer age verification
- ECB survey reveals Europeans expect digital euro to be private, secure and easy to use
- Hong Kong and Macau to distribute stimulus payments to citizens’ digital wallets
- Emirates NBD rewards customers for adopting contactless payments
This article is more than five years old