UK Has Embraced Contactless Payments

The UK has embraced contactless payments, according to research by Visa. Brits have made 36 million transactions totalling £900 million since September last year, when the contactless transaction limit was raised from £20 to £30. The number of transactions worth between £20 and £30 has increased by 19% over the last 5 months, with transactions worth under £20 growing by 8% over the same time period. Uptake has been especially strong in restaurants and supermarkets, where the use of contactless payments has grown by 155% and 100% respectively. One fifth of all face-to-face card payments below £30 are now contactless. 
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