All the updated news related to contactless payment

All the news related to contactless payment updated in real time

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1,000 Big Issue sellers now accept cashless payment

The Big Issue has equipped 1,000 of its vendors with contactless technology as part of a drive to help the magazine’s sellers become cashless, it has been announced. Contactless payments can be made on the vendors’ mobile devices via the Zettle by ...

06 May 2022 at 01:25

City

Nine in 10 eligible card transactions in 2021 were contactless – Barclaycard

Around nine in 10 eligible card transactions in 2021 were contactless, according to data from Barclaycard. Some 91.1% payments where “tap and go” would have been an option were in fact contactless. This was up from 88.6% of eligible transactions ...

26 Jan 2022 at 01:26

National News

Online and mobile banking payments hit record high, figures show

Consumers’ use of digital banking has hit a record high as contactless payments continue to surge, new figures show. According to the Banking & Payments Federation Ireland (BPFI), online and mobile banking volumes grew by almost 12% to 36 ...

02 Sept 2022 at 16:33

Personal Finance

‘67% worried about personal finances and ability to cover essentials’

Spending on essentials rose at nearly double the annual increase in non-essential spending in March, in signs of households making lifestyle adjustments in order to be able to afford “must-haves”, according to Nationwide Building ...

25 Apr 2023 at 10:29

Home

Online and mobile banking payments hit record high, figures show

02 Sept 2022 at 20:33

Home

Online and mobile banking payments hit record high, figures show

03 Sept 2022 at 12:33

Ireland

Online and mobile banking payments hit record high, figures show

02 Sept 2022 at 01:01

Personal Finance

80% of 85 to 95-year-olds now pay with contactless, says Barclays

A record 93.4% of in-store card transactions up to £100 were made using contactless in 2023, according to data from Barclays. The figures were based on Barclays debit card and Barclaycard credit card transactions made ...

27 Feb 2024 at 00:01

Personal Finance

One in 10 trying to save cash ‘intends to make fewer contactless payments’

One in 10 (10%) people taking steps to save money expects to make contactless payments less often, a survey has found. Overall, nine in 10 (90%) people polled across the UK in June intend to do something to save cash,...

25 Jul 2022 at 11:28

Personal Finance

More than £1 trillion worth of card transactions made in 2024, says UK Finance

The number of contactless card transactions made in 2024 increased by 3.4% annually, according to UK Finance data. Some 18.9 billion contactless transactions were made in 2024 – a 3.4% increase compared with 2023. ...

02 Apr 2025 at 00:01

Personal Finance

Mortgage and contactless rules could be shaken up under FCA plans

Rules on mortgages and contactless payments could be shaken up as part of wider moves to boost economic growth. The Financial Conduct Authority (FCA) is looking into simplifying mortgage rules, which could help ...

17 Jan 2025 at 19:44

Retailer IT outages highlight risks of ‘cashless’ society, experts say

Technical issues which crippled card payment systems and left large retailers including Greggs unable to provide services highlight the risks of an increasingly “cashless” society, experts have said. On ...

21 Mar 2024 at 09:13

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