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Barclays saw contactless spending hit record level in 2024Across its issuing and acquiring businesses, Barclays sees nearly 40% of UK credit and debit card transactions. The figures were based on consumer card spending data from Barclays debit card and ...
The average contactless purchase was for £16.10 and the average person used the technology 236 times last year, according to Barclays.
Barclays agreed to sell a majority stake in its U.K. payments acceptance business to Brookfield Asset Management under a long-term partnership which will see the unit become a standalone entity.
Across its issuing and acquiring businesses, Barclays sees nearly 40% of UK credit and debit card transactions. The figures were based on consumer card spending data from Barclays debit card and ...
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