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Contactless spending gains traction, with more growth to come

Spending on contactless cards in the first six months of this year has already outstripped contactless spend for the whole of 2015, new research shows.

Contactless payment

Contactless payment

Contactless payment

More than £9bn was spent using contactless methods during the first half, more than the total of £7.75bn in the whole of 2015, according to The UK Cards Association.

There were 1.1bn contactless transactions in the first half of this year.

In June, contactless payments accounted for 18% of total purchases, up from 7% in June 2015.

The average spend was £8.60 in both May and June this year.

“Contactless cards are firmly entrenched as the preferred way to pay for millions of consumers, who expect to be able to use them for everyday purchases,” said Richard Koch, head of policy at The UK Cards Association.

“We anticipate the use of contactless cards will continue to increase, particularly as charities and transport operators outside London recognise the benefits this technology can bring.”

Payment using any type of card reached £53.1bn in June, up £0.4bn in May.

Readers' comments (2)

  • Slightly quicker than chip and pin.

    Has it delivered improved ROI for the additional investment for fashion retailers?

    Unsuitable or offensive? Report this comment

  • Leslie Docherty

    I just realised that there are no processing fees for contactless payments, now we are encouraging customers to pay this way

    Unsuitable or offensive? Report this comment

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