Published 2 days ago • loading... • Updated 16 hours ago

More than £1 trillion worth of card transactions made in 2024, says UK Finance

Summary by Evening Standard

The average contactless transaction last year was for £15.86, UK Finance said.

6 Articles

All

Left

Center

Right

Evening Standard

Reposted by

The Independent (US)

Lean Right

More than £1 trillion worth of card transactions made in 2024, says UK Finance

The average contactless transaction last year was for £15.86, UK Finance said.

1 day ago·London, United Kingdom

Read Full Article

Marketplace

Credit card swipe fees hit bottom line as consumers pay with plastic - Marketplace

More than 60% of all purchases last year were made with a credit or debit card. That makes it an increasingly large expense for businesses.

16 hours ago

Read Full Article

credit-connect.co.uk

UK card transactions hit £1 trillion in 2024 - Credit Connect

UK Finance data has shown that the total value of transactions on these cards was just over £1 trillion during 2024. The figures were in line with 2023 and split betwee debit card spend of £797 billion (down 0.8 per cent compared) to 2023 and credit card transactions worth £249 billion (up 5.3 per cent compared to 2023). Debit and credit cards were used to make 31.4 billion transactions in 2024 (both here and abroad) – up from 30.2 billion tran…

21 hours ago

Read Full Article

Your Money

Contactless spending hit new high in 2024

Data from Barclays shows that a record 94.6% of all eligible in-store card spends were contactless in 2024.

2 days ago

Read Full Article

perspectivemedia.com

Barclays saw contactless spending hit record level in 2024

The average contactless purchase was for £16.10 and the average person used the technology 236 times last year, according to Barclays.A record 94.6% of elig ...

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year