Visa Europe: UK Contactless Spending Hits £45.2 Million In June

Contactless spending in the UK increased five fold to hit £45.2 million in June 2013, according to a Visa Europe report.

Visa Europe also revealed that UK consumers have made 51 million contactless purchases over the past 12 months, and that £338 million has been spent on contactless Visa cards, with an average purchase value of £6.65.

“We are delighted to see the technology now being used so frequently on the high street as consumers become confident in making every day contactless payments and we’re excited about the number of new shops due to roll out contactless payment in the remainder of 2013,” said Mark Austin, Vice President – Head of Contactless at Visa Europe in a release. 

Read the full story here.