Technology

Posted on April 19, 2018 by staff

The UK cities using the most contactless payments

Technology

A new study claims that the UK city with the most transactions completed via contactless payment is Bristol.

The city topped a newly announced list with 59.50 per cent of all transactions completely via contactless. It was closely followed by London with 57.06 per cent of its transactions contactless. Brighton was third with at 55.85 per cent.

“As a society, we’re close to becoming cashless, as our asset highlights which UK cities are the most advanced in terms of payment solutions,” said Guy Moreve, Head of Marketing at Paymentsense, which conducted the study.

“There’s areas of the UK that are adapting to this movement, but others that haven’t made the list need to improve and move with the times.”

“The study further highlights the average person’s diminishing availability of cash, as many struggle when it comes to everyday, cash-only services such as car parks and taxis, and the importance of accepting card payments within these businesses.”

The study included results from a survey of 2,000 people which reports that 41 per cent of Brits aged 18-24 said it was their favourite form of payment. Just under 10% per cent of people aged 55 and above said the same.

The survey also reports that exactly half of Brits want card payment solutions in car parks, 42 per cent would want contactless options on public transport and 40 per cent would like to see a contactless option in taxis.