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    UK contactless payments hit £1bn record in November 2015

    News in brief

    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.

    Filed by Email Rian Boden Published • Last updated 22 January 2016, 14:19

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