Latest News

UK continues to embrace contactless payment



Two-thirds (66%) of Brits have used contactless cards to make a payment since they were introduced in 2017, according to Visa’s annual Digital Payments study.


The study of 2,000 consumers shows the UK is increasingly adopting the payment method, with a record 34% of card payments using contactless in June 2017.

Millennial shoppers (aged 18-35) have embraced contactless payments most enthusiastically, with over three quarters (76%) making a purchase with their contactless card – up 11% percent on 2016. Over 65s are more tentative when it comes to ‘tap to pay’, 55% of this group have done so, a slight increase on last year’s figure of 52%.

The sectors that have seen the greatest uptake of contactless usage are, in general, located on the high street – grocery stores and supermarkets see the highest level of contactless payments, followed by fast food restaurants.

London leads the UK in contactless usage with 78% of the city’s population having made a payment using a contactless debit or credit card, 12% above the national average. Outside of London, there is the most room for growth in the North West and South West regions of England, where 41% of consumers are yet to make a contactless purchase using their card.

This comfort in using contactless is driving adoption of new payment methods. For example, a quarter (26%) of the country has used a mobile device to pay contactlessly in a shop, rising to 36% among contactless card users.

Kevin Jenkins, managing director for Visa UK & Ireland, says: “The introduction of contactless cards in the UK ten years ago was a watershed moment for consumers. Whether buying lunch, commuting without having to top-up, queuing at bars and festivals, or donating to charity, Brits have come to expect a painless payment experience.

“Yet there’s still room for the uptake of contactless to grow, particularly outside London and the South East. Our study shows the appetite for adopting new payment methods is greater than ever and with mobile devices opening up myriad new ways to pay, the next ten years looks set to see contactless payments become an ever greater part of our day to day lives.”

Archive

Free, one day fish frier apprenticeship workshop

Seafish and the Seafood Training Academy are running a free, one day workshop to launch the new apprenticeship scheme for fish friers in the South West of England

Triple F Chips available to shops across Eastern England

Potato supplier Fylde Fresh and Fabulous has joined forces with South Lincs Food Service in a move that will sees its Triple F freshly prepared chips now available to fish and chip shops across Eastern England

Friday night is for staying in, says survey

A night in with a Chinese takeaway and two episodes of a Netflix series have been revealed as elements of the perfect Friday night, according to Britons

Five chippies make BTA finals

Five fish and chip shops are in the running for a British Takeaway Award having received the most public votes across a month-long voting period
<< Newer
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10
Older >>