Contactless Payments in UK Soar With 87% on Debit Cards

The UK Card Association recently released a report on card expenditure statistics in the UK as of September 2015. The report indicated a growth trend in purchases and card payments offline and online with a skew towards online shopping.

Payment card spending reached £52.7 billion in September, which is £0.5 billion more than in August. Online spending went up by 1.1% to £11.6 billion. It is worth mentioning that online spending represents 22.1% of total card spending.

The number of transactions increased, reaching 1.1 ...

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