In a groundbreaking report from Barclays, contactless spending reached unprecedented heights in 2024, reflecting a significant shift in consumer payment preferences. The report underscores an increasing reliance on contactless payments, with record-breaking figures illustrating the technological trend. Throughout the year, bars, restaurants, and convenience stores saw a surge in contactless transactions, as consumers favored speed and safety in their purchasing habits. The data presents a clear picture of evolving market behaviors, driven by both consumer demand and enhanced payment technologies. Industry experts suggest this shift is not only pivotal in shaping retail and service industries but also in influencing financial institutions to adapt to the growing preference for contactless and mobile payment solutions. Overall, the record-breaking statistics highlight the rapid adoption and trust in contactless payment methods, setting the stage for future innovations and trends in the financial technology landscape.
conveniencestore.co.ukNew data shows substantial growth in UK’s aerospace, defense, and space sectors
June 17, 2025
In the latest growth revelation, new data from ADS uncovers that the combined value of the aerospace, defense, security, and space industries has surged by