29th Feb 2016 - 10:24
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Contactless payment made by Barclaycard customers grew by 96% in the caterers category placing it amongst the highest growing, according to the latest data from Barclaycard.
Tami Hargreaves, commercial director, digital consumer payments at Barclaycard, said: “The speed and ease of contactless payments means this is fast becoming the preferred way for consumers to pay for many every day purchases.
“An increasing number of merchants are also choosing to accept contactless payments in response to this demand, leading to an explosion in contactless spending across the board.”
Other high growing foodservice categories included pubs and bars (188%), restaurants (104%), and fast food outlets (108%).
Overall contactless spend leapt 164% by value and 135% by volume in 2015 compared to 2014, largely due to the maximum transaction value rising from £20 to £30 in September.