Two in five card payments made using contactless

Written by Adam Cadle

Two in five card payments are now made using contactless technology, according to UK Finance.

The number of transactions using contactless rose 31 per cent in 2018 compared with the previous year, data has shown.

The contactless payment limit, before entering a four-digit Pin, is £30.

In 2017, debit card use overtook the number of payments made in cash in the UK for the first time.

    Share Story:

Specialist FTB and BTL markets
Adam Cadle talks to Vida Homeloans director of sales - mortgages Louisa Sedgwick about the specialist first time buyer and buy to let markets


Subscribe to our newsletter to receive breaking news by email.


MoneyAge welcome
MoneyAge Editor Adam Cadle discusses the brand and what is on offer

World Markets (15 minute+ time delay)