UK Finance

cards Cash Contacless Mobile payments UK Finance

The contactless card payment limit has increased from £45 to £100, although many retailers’ terminals will need to be updated so the option will not be available everywhere immediately. The…

Cash usage plummeted 35 per cent last year as the pandemic drove “some marked changes in payments behaviour”.

Cash usage plummeted 35% last year as contactless and mobile payments skyrocket

Industry Payment

June 17, 2021

Barclays Black Friday Cyber Monday Fraud Scam UK Finance

Cash usage plummeted 35 per cent last year as the pandemic drove “some marked changes in payments behaviour”. Physical cash was used to make 6.1 billion payments in the UK…

Black Friday scams are set to cost shoppers tens of millions this week as the UK prepares for the busiest ever online holiday shopping festival.

Black Friday scams to cost average victim £735 this year

Security

November 23, 2020

Access to Cash ATM Barclaycard card Cash Contactless Foolproof Global Payments Quantspark Rishi Sunak UK Finance Visa

Black Friday scams are set to cost shoppers tens of millions this week as the UK prepares for the busiest ever online holiday shopping festival. Numerous consumer groups have warned…

A new “click & collect cash” service is set to be trialled next month in the latest efforts to ensure vulnerable communities still have access to physical money.

Contactless, Cash and Coronavirus: Will COVID-19 wipe out cash in the UK?

Analysis Features

July 2, 2020

When was the last time you used cash? The most likely answer, according to numerous studies, is not since before the start of the pandemic. In October, months before COVID-19…

Contactless spending limits in the UK should be increased even further as the coronavirus transforms attitudes “toward alternative payments” according to new research.

90% of “face to face” transactions now made by contactless as cards overtake cash for first time

Barclaycard card Cash Contactless UK Finance

June 5, 2020

Card payments were used more than cash for the first time ever in the UK last year, while contactless transactions have skyrocketed in recent months due to COVID-19. Card and…

Contactless spending limit rises to £45 from today

Barclaycard card Contactless Coronavirus UK Finance

April 1, 2020

Contactless card spending limits will be raised to £45 today in widespread measures being but in place across the UK to help combat the spread of coronavirus. UK Finance, a…

Contactless limit raised to £45 to aid social distancing

Barclaycard BRC British Retail Consortium Contactless Mastercard UK Finance

March 24, 2020

Contactless payment limits will rise from £30 to £45 from April 1 as the UK’s financial and retail sectors take measures to help limit contagion. UK Finance, the British Retail…

50% of all UK card payments are now contactless

Amazon Amazon Go Card payments Contacless UK Finance Which?

October 14, 2019