Tag : contactless payment
Card payments soar 12% in June Subscription
UK consumers made nearly 1.4 billion card payments in June, an increase of 12% on the same month last year and the highest growth rate since 2008, according to new figures from UK Finance.
Cards account for half of retail purchasesSubscription
More than half (54%) of retail purchases in the UK were made using cards for the first time last year, as shoppers increasingly favour cards for smaller payments.
Contactless payment soars in 2016Subscription
The number of transactions made via contactless payment has soared by 166% in 2016.
Mastercard to introduce 'selfie' paymentsSubscription
Online shoppers will soon be able to use a selfie to verify their identity when using Mastercard for mobile payments
Britain continues to move towards becoming a cashless society with contactless payments soaring 250% last year.
The number of contactless transactions made by Barclaycard customers more than trebled in 2015, thanks in part to the rise in the maximum spend on contactless cards to £30 in September.