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Reading: Total number of contactless in-store transactions.
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Baner Club > Blog > Technology > Total number of contactless in-store transactions.
Technology

Total number of contactless in-store transactions.

According to data from Barclays, a record 93.4% of in-store card transactions up to £100 were performed using contactless in 2023.

Last updated: 2024/02/27 at 7:48 AM
Published February 27, 2024
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The data is derived from transactions made using Barclaycard credit cards and Barclays debit cards.

An average of 231 transactions were performed by shoppers, who spent £15.69 on each one.

The average customer made £3,620 in contactless payments as a result of this throughout the course of the year.

According to Barclays, the percentage of older and younger users of contactless technology is decreasing, even if it is still more common among younger age groups.

For the first time, the percentage of 85 to 95-year-olds who are active users surpassed 80% last year.

Additionally, according to Barclays, the over-65s were the demographic with the fastest-growing contactless usage for the third year in a row.

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BanerClub February 27, 2024 February 27, 2024
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