3 Results from 2015
Kirsty Berry Head of Product Marketing & Market Analytics at Compass Plus
Contactless bank cards really started to take off in the UK in 2014, with banks issuing more contactless-enabled cards than ever before and more merchants installing networks that could accept them. 2014 saw transactions totalling £2.32 billion made on the cards, a 255% increase compared to 2013. Step into 2015 and more than £2.6 billion was spent...
23 December 2015 /payments /retail
Increasing numbers of UK consumers are downloading mobile banking apps and utilising them for everyday financial transactions, whether checking balances or transferring money between accounts. Research from CACI and the BBA suggests that customers will use their mobile device to check their current accounts 895 million times in 2015 in the UK, mor...
28 October 2015 /retail
Now, don’t get me wrong, I am a fan of all payment methods - I believe there is a place in society for each of them. I am particularly enamoured with my contactless card, and get annoyed when I’ve already put my card into the POS terminal before realising I could have just tapped the screen. And mobile payments make my life easier, whether making ...
13 October 2015 /payments
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