Total UK card spending reached £57.1 billion in June, up by 0.3% month-on-month and up 7% year-on-year, according to data published by UK Finance, an industry body. There were just under 1.4 billion ...

The UK has reportedly reached 150 million contactless cards issued, according to an update from UK Finance. UK Finance’s Card Spending Update for March 2024 shows “that contactless cards now account ...

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The percentage was up from 93.4% in 2023, with Brits making ...

When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, to £15 in 2010, to £20 in 2012, then to £30 in 2015, before the Covid ...

AMSTERDAM--(BUSINESS WIRE)--Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland. However, the frequency of payment ...

Contactless payment methods, also known as tap-to-pay, have surged in usage since the start of the COVID-19 pandemic in 2020. Contactless payment methods include debit or credit cards that just ...

Contactless payment limits could be increased beyond £100 and even become unlimited under the latest Financial Conduct Authority (FCA) consultation. According to the finance regulator’s latest ...

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Today, Cash App announced the launch of Tap to Pay on iPhone for Cash App Business sellers, allowing them to accept contactless payments – ...

New Cash App Business feature within the iOS app allows sellers to accept contactless payments using only an iPhone - no additional hardware required Square technology, Cash App reach – Tap to Pay on ...