Tag Archives: Visa

Two-thirds of Brits now tap to pay

Ten years on from the introduction of contactless debit and credit cards in the UK, Visa’s annual Digital Payments study reveals that two-thirds of Brits have used contactless cards to make a payment since they were introduced in September 2007. According to the study of 2,000 consumers, a record 34% …

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Homeware sales move to top of performance rankings in July

Retail sales growth slowed in July from June, according to the British Retail Consortium (BRC) and KPMG. The BRC-KPMG monthly retail sales monitor the four weeks from July 2 to July 29, reveals that sales edged up by 0.9% on a like-for-like basis from June 2016, compared with 1.1% from …

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Consumer spend falls for third consecutive month, says Visa

Consumer spend fell for the third month in a row in July, according to the latest figures from technology and payments business Visa. The drop represents the first time overall spending has declined for three consecutive months since February 2013. Visa UK & Ireland managing director Kevin Jenkins commented: “The …

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