Contactless and mobile payments surge in UK in 2018

Industry News | 06/06/19

The number of contactless payments made in the UK surged in 2018, new figures have shown, as all Britons’ from grandparents to teenagers increased their use of the technology.

Meanwhile, the use of cash continued to decline, with only four per cent of Britons’ mainly using physical money for their payments, yearly data from banking trade association UK Finance today revealed.

Source: City AM