Two in five card payments made using contactless

Two in five card payments are now made using contactless technology, according to UK Finance.

The number of transactions using contactless rose 31 per cent in 2018 compared with the previous year, data has shown.

The contactless payment limit, before entering a four-digit Pin, is £30.

In 2017, debit card use overtook the number of payments made in cash in the UK for the first time.

    Share Story:

Recent Stories


Mortgage Insider Episode 5: Surviving Ups And Downs In The Industry
Barclays brings you the Mortgage Insider podcast to help make sense of this extraordinary time. Presenters Claire MacPhail and Tony Rimmer talk to industry figures about the fast-changing market

Exploring EARTH
Adam Cadle speaks to Edward Lees, Co-head of environmental strategies group, BNP Paribas Asset Management, about the investment opportunity for the coming decades: the environment.

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.