There are now more than 65 million Visa contactless cards in Europe and over 1 million terminals that accept contactless payments, according to Visa Europe. In the 12 months since June 2012, Europeans have spent 1,5 billion Euros on 187 million purchases.
UK consumers have made 51 million contactless purchases in the last 12 months. The monthly contactless spend has also increased five fold to £45.2 million in June 2013. Since Visa’s „Flow Faster” advertising campaign starring Usain Bolt, launched 12 months ago, £338 million has been spent on contactless Visa cards, with an average purchase value of £6.65.
Other contactless payments figures in the UK
. There were 6.8 million purchases made in June 2013, representing a total spend of £45.2 million, compared to 1.4 million transactions and £8.6 million spent in June 2012.
. More than 3 million Visa contactless journeys have been made on London buses since December 2012.
. There are currently more than 28 million Visa contactless cards and 280,000 contactless terminals in the UK.
Mark Austin, vicepresident – Head of contactless at Visa Europe said: „A year ago we launched the Contactless 2012 campaign to raise public awareness of contactless technology. We are delighted to see the tehnology now being used so frequently on the high street and we’re excited about the number of new shops due to roll out contactless payment in the reminder of 2013”.
Merchants accepting contactless payments in the UK include McDonalds and Starbucks among others.
Key banks issuing contactless cards in the UK include: Barclays, Barclaycard, Capital One, Duncan Lawrie, HSBC, Investec, Lloyds Banking Group, MBNA, NatWest and RBS.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
