Barclays is reporting a 150% increase in the number of contactless transactions made through its UK payments network, according to Squidcard.com.
Barclays says contactless card distribution has grown 90% since 2009, with over 1.7 million transactions processed using the technology last year.
There are now 52,000 Barclaycard contactless payment terminals in the UK at major retailers such as Co-op, McDonalds, Pret-A-Manger, and most recently, Wilkinsons.
“The range of retailers offering contactless payments grew significantly in 2010, but this is still only the beginning,” said Richard Armstrong, head of UK payment acceptance at Barclaycard.
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