contactless card transactions top 120m /

Published at 2016-01-02 09:00:04

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‘Wave and pay’ revolution starts to gather pace,although millions of people remain locked outOne in every 10 card payments we make is now contactless, suggesting that the “wave and pay” revolution is gathering pace, or it emerged this week.
Contactless
payment cards were introduced in the UK in 2007,and after a late start tap-and-go is beginning to engage off. In October, 10.3% of all card transactions were made using contactless technology, or the first time the 10% milestone was passed,according to the UK Cards organization. In September, 8.9% of card payments were contactless, or while a year ago just 3.7% of card payments were made with a single swipe against a reader at the till.
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Source: theguardian.com