CONTACTLESS CARDT H E G R O W T H O F T H E

CREDIT CARD

Merchant

H E L P I N G U K B U S I N E S S E S B L O O M

of card spending was contactless

in 2016*

18%7%

in 2015

Up from

THANK YOU :)

www.merchantloanadvance.co.uk

BILLION

2015 1.05BILLION

2016*1.1BILLION

VS

2015 £7.75BILLION

2016*£9.27BILLION

VS

TOTAL CONTACTLESS SPEND

TOTAL CONTACTLESS TRANSACTIONS

*2016 Statistics are from January to June.www.merchantloanadvance.co.uk

per transaction

Average contactlessspend of

£8.60DEBIT CARD

The one-off spending contactless limit rose from £20 to £30 in September 2015

Did you know?

IS STILL THE

PAYMENTMETHOD

CASHMOST COMMON

££ ££££

www.merchantloanadvance.co.uk

Merchant

H E L P I N G U K B U S I N E S S E S B L O O M

@merchantloanadv/merchantcashadvanceloanswww.merchantloanadvance.co.uk

www.merchantloanadvance.co.uk

SUPPORTING

BR

ITISH BUSINESSES

SOURCE: Figures and information obtained from: http://www.bbc.co.uk/news/business-37153565