UK Cards Association

UK contactless spending ascending to new heights

If you’re curious, then it’s been fast and furious. Spending on UK contactless cards in the first half of 2016 has already outstripped contactless spending for the whole of 2015, according to the UK Cards Association. Some £9.27 billion was spent using contactless methods between January and June of this year, more than the total […]

BBA to merge with three trade associations to create major industry body

British Bankers Association (BBA) has secured the go-ahead from its members to merge with three other UK-based trade associations: Council of Mortgage Lenders (CML), Payments UK and UK Cards Association. The new trade association will be have a broader representation of the financial services industry. Anthony Browne, CEO of BBA, comments that it is only […]

Contactless payments set to boom as limit rises to £30

More than £2.5 billion was spent in the UK using contactless cards in the first half of 2015 and this is likely to increase even more as the upper limit for contactless payments increases from £20 to £30 from today.