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Effortless everyday banking

Contactless Payments

Going contactless

Cash is no longer king. Debit card payments are now the most popular form of payment, and use of contactless cards almost doubled last year. Our contactless stats below shows why this technology is so important for your business.

The future is contactless

Transactions

5.6bn
Number of UK contactless transactions made in 2017.

Adoption

63%
Proportion of UK population now using contactless technology.

Average spend

£9.40
Split by £9.36 on a debit card and £9.68 on a credit card.

Sector trends

97%
Annual increase in contactless UK transit transactions.

Here are some common questions on contactless

Not just contactless, but cardless

According to Worldpay, there has been a 328% year on year rise in payments being made via NFC-enabled mobile phones (2017 vs 2016). Almost one third of consumers are using their phone's payment capabilities, and that's set to grow exponentially over the coming months.

Helpful products and services

Find out how our products and services meet your everyday banking needs, and help you make and receive payments easily and securely.

Over 18 and UK residents only. Criteria apply. Subject to status. Business use only.

Business credit cards

All our credit cards come with contactless as standard

A credit card could give your business an easy way to manage spending. 

Business bank accounts

Find the right business account for you

We have a range of different bank accounts that could meet your business needs. 

Payments solution

Take card payments anywhere, anytime with Tyl

Get next business day settlements and use Tyl’s portal to understand your business better.

Fees apply. See website for T&Cs.