- Change driven by growth in customers choosing contactless – usage almost tripled in 2016
- By 2026, contactless is forecast to account for more than one in four (27%) of all payments
Maurice Cleaves, Chief Executive of Payments UK said:
Research commissioned to mark the publication of ‘Changing Payments Landscape - A focus on payments data’
Payments UK has today (Tuesday 28 February) published a new report that looks at the practical implications for payments arising from the UK’s exit from the EU.
A Payments UK spokesperson said:
- New Payments UK report suggests we are at a tipping point for change in payments
James Whittle, Director of Industry Policy, comments: