The UK Cards Association has recently published its Card Expenditure Statistics report for March 2016, confirming that, in March 2016, contactless card spending reached a record £1.5 billion spending in one month.
The milestone comes just four months after contactless spending hit £1 billion (November 2015).
The UK Cards Association also confirmed that one in seven of all card transactions are now contactless, compared to one in 16 a year ago. There were a total of 179.6 million contactless purchases in March, with 67 made every second. On the high street, one in six card purchases is now contactless.
Overall, the report confirms that the total payment card spending for March 2016 was £51.9 billion, from a total of 1.18 billion card transactions which took place that month.