0
Wireless

UK contactless card spending worth GBP 7.75 bln in 2015

Friday 26 February 2016 | 18:05 CET | News
UK spending on contactless cards more than tripled in 2015 to reach GBP 7.75 billion, according to the UK Cards Association. This means that total contactless spending in 2015 was more than double the preceding seven years combined. In 2014, GBP 2.32 billion was spent using contactless. There number of contactless purchases in 2015 reached 1.05 billion , up 228 percent from 2014. Contactless spending was up 233 per cent on 2014.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: United Kingdom
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

UK contactless spending increases 166% in 2016

Published 23 Dec 2016 14:18 CET | United Kingdom
Contactless payments have rocketed in the last 12 months in the UK, with year-on-year spending up 166 percent, according to data ...

UK mobile payment transactions up 54% in 2015

Published 22 Jul 2016 14:59 CET | United Kingdom
UK consumers are using mobile banking apps more than 7,610 times a minute, or 4 billion times a year, according to a report by ...

Android Pay launches in UK; Singapore, Australia to follow

Published 18 May 2016 17:30 CET | United Kingdom
Android Pay is now available in the UK, following its launch in the US in 2015. The service allows users to pay with their ...

One third of Brits never pay by contactless - survey

Published 20 Apr 2016 10:43 CET | United Kingdom
Almost one third (31%) of UK consumers never pay by contactless as they don't trust it, according to an online survey by business ...

Brits want smartphones to connect to other devices - survey

Published 18 Feb 2016 21:57 CET | United Kingdom
Most UK smartphone users (70%) want their handsets to integrate seamlessly with other technology, according to a survey by ...

London black cabs to accept card payments from October

Published 04 Feb 2016 10:41 CET | United Kingdom
Transport for London (TfL) confirmed that all 22,500 licensed black cabs in London will be required to accept credit cards and ...

UK rail industry outlines vision for nationwide m-tickets

Published 03 Feb 2016 15:45 CET | United Kingdom
The UK's Rail Delivery Group, which represents train operators and Network Rail, has confirmed plans for rail passengers to be ...

TfL confirms success of contactless, mobile technology

Published 01 Feb 2016 11:16 CET | United Kingdom
Transport for London (TfL) confirmed that more than a quarter (27%) of London 'pay as you go' customers now travel on Tube and ...





Calendar   /   Industry Events

25 Jul Fiber Connect
26 Jul Orange Belgium Q2 2021
26 Jul Logitech fiscal Q1
26 Jul Calix Q2
26 Jul F5 fiscal Q3
27 Jul Alphabet Q2
27 Jul AudioCodes Q2 2021
27 Jul SK Hynix Q2
27 Jul A10 Networks Q2
27 Jul Corning Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul TIM Brasil Q2 2021
27 Jul KPN Q2 2021
27 Jul Juniper Networks Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
28 Jul Spotify Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Telefonica Deutschland Q2 2021
28 Jul Ribbon Communications Q2 2021
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Extreme Networks fiscal Q4
29 Jul Telenet Q2 2021
29 Jul BT fiscal Q1
::: More Calendar Items