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|Contactless is king as Worldpay transactions soar past £2 billion|
|Tuesday, 07 July 2015|
Brits have gone contactless crazy according to data from Worldpay, which recently revealed that it has processed over £2 billion of contactless payments since January 2012. This surge is even more incredible as it was only in October 2014 that the company reached the £1 billion milestone.
Data from the UK’s leading payment processing company shows the number of contactless transactions rose by more than 49% in the last six months (16.33 million contactless transactions processed in November 2014 versus 24.4 million in April 2015). This rapid growth means total transaction volumes using contactless have increased by 964% in the last two years.
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