Finance industry data showed that the growth of this tech’s use is returning to pre-pandemic trends. Contactless payments make up a substantial portion of the transactions taking place in the United Kingdom as growth trends return to patterns closer to where they were in pre-pandemic times. The use of cash continues to be on the decline as people look to tap cards and mobile transactions. This, according to the UK payment markets 2022 report published by UK Finance, documenting the changes in transaction methods used by consumers throughout the last…
Read MoreContactless payments comprised 1 in 3 UK transactions last year
