The UK Cards Association - News news items from The UK Cards Associationen-usCopyright 2012 The UK Cards Association18/01/2017 09:05:16UK Cards Association logo Card Expenditure Statistics: November 2016Richard Koch, Head of Policy at The UK Cards Association, said: “November saw the strongest monthly growth in card spending in four months, with debit cards accounting for most of the increase at the start of the Christmas shopping season. The record spend online highlights the importance of card payments in internet retail, and the wider economy too.” UK Cards Association18/01/2017 09:05:16One in four card payments now contactlessA quarter of all card transactions are now made via contactless, new figures from The UK Cards Association show. 325 million purchases were made using contactless debit and credit cards in November 2016, accounting for 25 per cent of all card payments in the month. The rise in contactless payments led to a record £2.9 billion being spent using the technology in November. This is an increase of 184 per cent from a year ago when contactless spending passed £1 billion in a month for the first time. There are now 101.8 million contactless debit and credit cards in circulation in the UK. Nine in 10 (88 per cent) contactless transactions are made using a debit card, a higher proportion than for card payments overall (78 per cent). Richard Koch, Head of Policy at The UK Cards Association, said: “With 125 taps every second in the UK, it’s clear that people are opting for contactless when they are at the till. No longer is it just for the lunchtime sandwich, consumers are using their contactless cards wherever they go - for the grocery shop, in clothes stores, and, increasingly, for the commute too.” The one in four milestone comes just three months after contactless reached a fifth of card transactions in August. In November 2015, 11 per cent of card transactions were contactless. The average contactless transaction was £8.95 in November, up from £8.03 a year ago. UK Cards Association16/01/2017 09:15:18All Leisure Holidays LtdFollowing the cessation of trading at All Leisure Holidays Ltd (trading under Swan Hellenic cruises and Voyages of Discovery cruises), this guidance is provided on the protections available to customers who have purchased travel or a holiday package using a credit and/or debit card. Where a booking is a holiday package including a flight element, customers can pursue their claims for a refund as follows. If payment was made with: UK Cards Association05/01/2017 16:00:43UK Card Expenditure Statistics: October 2016Richard Koch, Head of Policy at The UK Cards Association, said: “Cards continue to play a central role in the economy and our wallets. As the preferred way to pay for the majority of consumers, spending on cards will only increase.” UK Cards Association21/12/2016 16:34:59UK Card Expenditure Statistics: September 2016Richard Koch, Head of Policy at The UK Cards Association, said: “We’re making over three million more card transactions every day compared to September last year, with contactless and online payments playing a significant role. “While the annual growth in card spending has slowed, the rate still far outstrips GDP growth as card payments become an increasingly important part of how the UK transacts.” UK Cards Association24/11/2016 16:54:23UK Card Expenditure Statistics: August 2016Richard Koch, Head of Policy at The UK Cards Association, said: “Spending on cards as a proportion of overall spending increased to 77 per cent in August, despite a slight downturn in spending in the wake of the EU referendum. “More and more spending is via cards, which are central to the economy and used increasingly for smaller, everyday purchases.” UK Cards Association07/11/2016 09:57:13Fifth of all card payments now contactlessOne in five card payments are now made via contactless, new figures show. Contactless cards were used for 21 per cent of card payments in August 2016, totalling £2.3 billion, figures from The UK Cards Association reveal. In August 2015, they were used for just 7.9 per cent of card purchases. The average contactless card transaction was £8.97 in August, compared to £7.12 in August 2015. The number of contactless transactions increased from 89 million in August 2015 to 260.7 million in August 2016, while the number of contactless debit cards in circulation increased from 74.5 million to 97 million in the same period. Richard Koch, Head of Policy at The UK Cards Association, said: “Contactless cards have exploded in popularity over the past year and are now being used for one in every five card payments. “While more shoppers than ever are using contactless cards for small purchases, we are excited by the possibilities they will bring over the coming years for public transport operators and charities.” UK Cards Association02/11/2016 13:59:10