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Personal Finance

Digital wallets used for 29% of card transactions in 2023

The share of card transactions using a digital wallet has more than tripled in recent years, according to regulators. Digital wallets allow people to make payments using mobile phones or other electronic devices. In the UK, the biggest digital ...

19 Feb 2025 at 12:09

Personal Finance

57% of adults ‘are registered to use mobile wallets as cash use declines’

Half of UK adults used mobile contactless payments regularly last year, while cash accounted for less than 10% of payments for the first time, according to a banking and finance industry body. Cash made up 9% of payments in 2024, down from ...

07 Oct 2025 at 12:13

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2025

Related keywords
apple pay
cma
competition and markets authority
digital wallets
fca
financial conduct authority
google pay
mobile payments
payment services and electronic money regulations
payment systems regulator
psr
treasury

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