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Mobile Payments

Contactless payments increasingly popular in UK public transport, study finds

Monday 22 July 2019 | 10:02 AM CET

The introduction of contactless payments sits as the biggest development to the travellers’ overall experience, a study by Visa UK has found.

The ease of payment, ability to monitor your outgoings (24%), lessened queuing time (45%), and no longer needing to carry cash (59%), were the key reasons for choosing the ‘touch and go’ payment method.

Other key findings:

  • the seven in 10 (69%) UK adults use contactless payments on a daily basis;

  • UK finance’s recent data shows there are 124 million contactless cards in the UK, with 7.4 billion payments being made in 2018;

  • London's contactless system set the gold standard being adopted around the world.

More: Link