During 2016, consumers in the U.K. spent £647 billion with payment cards, according to new data from the U.K. Cards Association. In a press release, the U.K. Cards Association said there were 14.8 billion card transactions in 2016, which is equal to 40.5 million transactions per day,...
The circulation of debit cards in the U.K. has hit a major milestone. The U.K. Cards Association announced on Thursday (June 30) that there are more than 100 million debit cards in the U.K. Growth in debit card circulation has increased 2.7 percent over the...
Though the death of cash has been greatly exaggerated, to cop a phrase from Mark Twain, at least in the United Kingdom that hoary old medium of exchange is starting to wheeze a bit. As reported by The Financial Times on Friday (Dec. 11), a...
Research conducted by U.K.-based consumer watchdog group Which? showed the card numbers and expiration dates of contactless cards can be captured through the use of a simple scanner, opening the door for millions of users to be exposed to fraud, The Daily Mirror reported yesterday...
March 03, 2017
During 2016, consumers in the U.K. spent £647 billion with payment cards, according to new data from the U.K. Cards Association. In a press release, the U.K. Cards Association said there were 14.8 billion card transactions in 2016, which is equal to 40.5 million transactions per day, or 469 a second. What’s more, three quarters of retail […]
July 01, 2016
The circulation of debit cards in the U.K. has hit a major milestone. The U.K. Cards Association announced on Thursday (June 30) that there are more than 100 million debit...
July 24, 2015
Research conducted by U.K.-based consumer watchdog group Which? showed the card numbers and expiration dates of contactless cards can be captured through the use of a simple scanner, opening the...
