The latest figures from the UK Cards Association show that for the first time, contactless card transactions account for one in 10 card payments.

There were 120.5 million contactless card payments in October in the UK, meaning that 10.3% of all card transactions were made using contactless cards. This has risen from just 3.7% a year ago.

A total of £929.8m was spent using contactless cards in October. The average value of a contactless payment was £7.72, up from £7.35 in September when the limit for a single payment rose to £30.

Richard Koch, Head of Policy at the UK Cards Association, said: "With one in 10 card payments now contactless, it’s clearly the preferred way to pay for millions of consumers. The rise in the contactless limit to £30 earlier this year means there are now even more opportunities to make a fast, easy and secure contactless payment.”