Saturday 3 December 2016 | RSS

 
    Feedback
     

    The UK Cards Association

    News stories featuring The UK Cards Association:

    More than one in five card payments in UK use contactless, figures show

    November 3rd, 2016

    More than one in five card payments are now made using contactless cards, The UK Cards Association says, adding it is “excited” by the possibilities the technology brings for making payments to transport operators and… More

    Barclaycard reveals large contactless increase across UK

    August 23rd, 2016

    The amount spent by Barclaycard customers using contactless technology in the UK has multiplied 2.7 times so far this year, with usage increasing 173% by value and 112% by volume, the latest Barclaycard Contactless Spending… More

    UK contactless spending hits record high

    August 23rd, 2016

    Spending on contactless cards in the UK during the first half of 2016 outstripped the total for the whole of 2015, The UK Cards Association reveals. “Some £9.27bn (US$12.23bn) was spent using contactless methods between January and June of this year,” the organisation says, “more than the total 2015 contactless spend of £7.75bn (US$10.22bn).” 1.1bn transactions were made in the first half of 2016, compared with 1.05bn for the whole of 2015. Contactless card payments accounted for 18% of total purchases in June 2016, compared to 7% in June last year.

    UK contactless spending totalled £1.5bn in March 2016

    May 20th, 2016

    UK contactless payments in March totalled £1.5bn (US$2.19bn), The UK Cards Association has revealed, four months after monthly contactless spending hit £1bn in November 2015. “The £0.5bn mark came in May last year,” the organisation says. “One in seven of all card transactions are now contactless, compared to one in 16 a year ago. There were a total of 179.6m contactless purchases in March, with 67 made every second. On the high street, one in six card purchases are now contactless [with] monthly contactless spending trebling in the past year, up from £431.1m in March 2015.” 86.5m contactless cards are now in circulation in the UK.

    UK contactless transactions hit 60 per second

    May 4th, 2016

    More than 60 contactless transactions took place every second across the UK during the month of February, The UK Cards Association reveals. In total, there were 159.1m contactless transactions, with the average payment sitting at £8.28. “With more than 60 transactions taking place a second, it is clear contactless card payments are becoming ever more popular,” says the organisation’s head of policy Richard Koch.

    Barclaycard reports increase in UK contactless spending

    February 29th, 2016

    Contactless spending by Barclaycard’s UK customers in pubs and bars, pharmacies, supermarkets and on commuter transport increased 164% in 2015, the company has revealed.  More

    Contactless spending in the UK topped £7.75bn in 2015

    February 26th, 2016

    UK spending on contactless cards rose more than threefold in 2015 to reach £7.75bn (US$10.8bn), research from The UK Cards Association reveals, meaning that total contactless spending last year was more than double that of… More

    Barclaycard reports 164% increase in contactless transactions for 2015

    January 22nd, 2016

    The value of payments made using a Barclaycard contactless card increased by 164% in 2015 compared to the year before, the UK card issuer has revealed, while the average transaction value increased by 26% to £8.65 (US$12.40)…. More

    UK contactless payments hit £1bn record in November 2015

    January 22nd, 2016

    Contactless payments in the UK hit a record £1.02bn (US$1.45bn) in a single month for the first time in November 2015, increasing from £287m in January that year, The UK Cards Association reveals. The number of contactless purchases in November totalled 128m while the average transaction value increased to £8.03, up from £7.72 in October.

    Visa contactless hits million-trips-a-day landmark in London

    January 14th, 2016

    Visa cardholders made more than a million contactless journeys on London’s transport network on a single day in the lead up to Christmas, Visa Europe has revealed. “In December alone, Visa Europe saw a 166% annual… More

    UK moves towards contactless and NFC ticketing across its public transport network

    January 12th, 2016

    Passengers across the UK may soon be able to use standard contactless cards and NFC phones to pay for their bus and train journeys under a new national framework developed by The UK Cards Association… More

    UK fundraisers to get contactless tins

    January 7th, 2016

    Fundraisers in the UK are to be equipped with a new generation of collection tins that will let passersby donate to charity with a tap of a contactless card. “The idea is that if someone has no coins on them, only cards, they will still be able to donate,” The UK Cards Association told NFC World. The association is developing the tins in partnership with UK charities including Cancer Research UK.

    UK contactless spending volumes rise sharply following increase in transaction limit

    January 4th, 2016

    Contactless transaction volumes have risen sharply since the UK transaction limit increased from £20 (US$30) to £30 (US$46) in September 2015, research from Barclaycard reveals. Service stations, pubs and bars, supermarkets and fast food outlets have seen the biggest increases. More

    One in ten UK card payments now contactless

    January 4th, 2016

    Contactless card transactions now account for one in ten card payments made in the UK, research from The UK Cards Association shows. 120.5m contactless payments were made in October 2015, representing 10.3% of all card transactions that month, a rise from 3.7% in October 2014. A total of £929.8m was spent using contactless in October 2015, with the average value of a contactless payment standing at £7.72.

    High value contactless payments available across Europe in 2017

    September 8th, 2015

    Consumers will be able to make contactless transactions for high value payments above the current limit at all contactless terminals across Europe by 2017, MasterCard has announced. The move follows the payment network’s confirmation that… More

    Brits spend £2.5bn with contactless in first half of 2015

    September 1st, 2015

    More than £2.5bn (US$3.8bn) was spent using contactless cards in the UK in the first half of 2015 compared to £2.32bn (US$3.55bn) for the whole of 2014, research from The UK Cards Association reveals as… More

    UK contactless limit increases to £30

    September 1st, 2015

    The contactless spending limit of £20 (US$30) has risen to £30 (US$46) across the UK today. “Software will be rolled out across retailers who accept contactless payments from September 1,” The UK Cards Association says. “Once a terminal has updated, it will be able to process contactless transactions up to the new £30 limit.” The trades body has published guidance for retailers.

    UK to increase contactless transaction limit by 50%

    February 9th, 2015

    The spending limit for contactless transactions is to be increased from £20 (US$30) to £30 (US$46) in September 2015, The UK Cards Association has told NFC World. The move follows the news last week that contactless card usage surged in the UK in 2014 to 319.2m transactions with total spend more than trebling to a record £2.32bn. More

    Contactless card payments treble in Britain in 2014

    February 6th, 2015

    Ten contactless transactions took place in the UK every second in 2014, The UK Cards Association has revealed, and total spending on contactless cards more than trebled to reach a record £2.32bn. In total, 319.2m… More

    TfL tests NFC for London Underground ticket payments

    April 24th, 2014

    Transport for London (TfL) is testing payments via NFC phones for use on the tube and the overground rail network and is piloting contactless card payments with some 5,000 volunteers. Passengers will be offered the… More

    RSS Feed for stories featuring The UK Cards Association.

    • Find a list of all the companies and other organisations that have been featured in NFC World in our directory.

    Page 1 of 212