Pharmacy chain Boots UK, along with Visa Europe and WorldPay, has installed contactless terminals at its 2,500 stores in the UK allowing customers to make payments from their contactless cards.
According to Visa Europe, consumers in the country made over eight million contactless purchases in August 2013 spending an average of £6.55.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
During the year, the number of contactless cards has increased by 23%, while the number of contactless terminals rose by 135% in the country.
Boots UK retail delivery head Nigel Shortt said contactless payment saves time for both their customers and staff during peak trading periods by speeding up traditional card payment and reducing transaction and queue times.
"The initial stages of our roll out demonstrated that consumers enjoy the benefits of contactless payments and we are delighted that this is now possible in all Boots UK stores," Shortt added.
Visa Europe contactless head Mark Austin said consumers and retailers alike are recognising the benefits contactless offers for every day payments and as a result are becoming more confident in using and offering the technology.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
