The UK Cards Association has published its card expenditure statistics for September.  Its statistics show that:

  • The average value of contactless transactions increased to £7.35 (which followed the new £30 payment limit)
  • Contactless accounted for 8.9% of total card purchases
  • Spending increased from £48.5 billion last year to £52.7 billion

Richard Koch, Head of Policy and The UK Cards Association, said:

“We expect to see last year’s trend of consumers using their debit cards, more than their credit cards, continue as we approach the festive season.”