UK contactless payments rise 49% in six months - study

Monday 1 June 2015 | 09:40 CET | News
Payments processor Worldpay said it has processed over GBP 2 billion of contactless payments in the UK since January 2012. The GBP 1 billion milestone was not reached until October 2014. Contactless transactions rose 49 percent by volume in the last six months, with 24.4 million transactions processed in April, versus 16.33 million in November 2014. Total contactless transaction volumes have risen by 964 percent in two years. London accounts for 38 percent of all contactless transactions in April, followed by the South East with 12 percent, East Anglia 10 percent and South Central England 9

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Categories: Mobile & Wireless
Companies: WorldPay
Countries: United Kingdom
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