The UK is leading the way when it comes to contactless payments in Europe. Millennials are the biggest users of the technology, according to research from Visa. The company’s latest digital payments study showed use of contactless payment technology reached a record high in June 2017, with 34 per cent of all card payments being made this way. There has been an increase in the number of 18 to 35-year-olds using contactless payments, with 76 per cent making payments this way in June - up by 11 per cent from two years ago. The biggest users of contactless technology were from London, with 78 per cent of Londoners saying that they have used a contactless debit or credit card to make a payment. This was followed by Wales at 70 per cent and the East Midlands at 68 per cent. The study also found that mobile phones are one of the main drivers of contactless technology usage. 26 per cent of those surveyed use their mobile to make a payment. This figure rises to 36 per cent for those who use a contactless card. Visa UK & Ireland Managing Director Kevin Jenkins commented: “The introduction of contactless cards in the UK ten years ago was a watershed moment. Whether buying lunch, commuting without having to top-up, or donating to charity, Brits have come to expect a painless payment experience.” Latest posts by Anisa Choudhary (See all)
The use of contactless payment technology reached a record high in 18-35 , with the London leading the way in the East Midlands , according to research by Visa . The company's research found 34% of all card payments are now contactless. The largest adopters were Londoners , with 34% saying they have made a contactless payment. The number of young people using the cards has also increased, with the figure up 11% from 18-35 to 76% among the 18-35 age group.