As BBC News reports, citing the UK association, contactless payments were used 647 million times on debit cards during July 2019.
Other key findings:
the widespread use on public transport has given it a significant push to contactless payments;
the use of contactless outstrips debit card payments using a PIN, as well as online transactions;
high credit card interest rates, and a safety-first approach from consumers, mean that the growth in outstanding credit card debt has slowed in recent months;
the annual growth rate stood at 3.67% in July 2019.
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