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Barclaycard reports 164 percent increase in UK contactless payments

Tuesday 1 March 2016 10:48 CET | News

Contactless spending by Barclaycard’s UK customers in pubs and bars, pharmacies, supermarkets and on commuter transport increased 164% in 2015, the company has revealed.

The news comes as The UK Cards Association reports that total contactless spending reached GBP 7.75 billionin 2015 - three times the amount spent in 2014.

The commuter transport sector saw the biggest rise in contactless spending last year at 532%, Barclaycard reports, followed by pharmacies (207%), pubs and bars (188%), supermarkets (177%), service stations (176%), newsagents (110%), fast food outlets (108%), restaurants (104%), convenience stores (100%) and caterers (96%).

More than a quarter of active Barclaycard customers now use contactless technology to pay for goods and services every month, and customers now make more contactless transactions in a single calendar month than were made in 2013.


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Keywords: Barclaycard, contactless, mobile payments, UK
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce