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Card transactions rise by 12 million

August 24, 2015

According to the latest figures from The UK Cards Association, total card spending rose to £51.1 billion in May with the number of transactions reaching 1.093 billion.

The increased use of contactless cards has seen the average value of a card transaction drop to £46.92, down by over £1 compared to last year.

Debit card spending continues to dominate the figures with over £36 billion of spend being made on them and £11.2 billion being spent on the internet.

For more information on how your business can accept card payments please click here or call us on 0345 601 4486.

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