Monthly value per contactless/tap to pay card transaction in the UK 2015-2021
Covid-19 pandemic. Despite the total value and volume of card payments took a hit during the first six months of 2020, the average value of transactions involving contactless cards has risen from under ten British pounds to a height of over twenty GBP in April 2020. Although contactless payments are gaining popularity, they are still used for smaller sums compared to credit cards.
The average spend on contactless cards in the United Kingdom (UK) has seen a sharp increase since the global