Data from Barclaycard shows that 88.6% of total card payments were contactless in 2020.
In Brief:
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The total value of contactless payments increased 7% year-on-year.
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Grocery stores saw a 29% increase in use of contactless.
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The average value of contactless payments is now £12.38.
What does this mean?
Last year, contactless payments were encouraged as a safer way to pay amid the Covid-19 pandemic. As such, the spending limit was raised to £45. There are still calls for the limit to be raised further.
