Paymentsense have created an interactive asset which analyses data from consumers and leading experts to reveal the demand for improved payment technologies in the UK.
The study reveals via data from Transport for London that 1 billion journeys in London will be made via contactless payment this year on London buses, trains, and the Tube.
Contactless was first introduced to London’s transport in September of 2014, and in less than 4 years it was already set to overtake oyster journeys (June 2018):
And the pattern is only set to continue, with 1.5 billion contactless journeys predicted by 2025.
The full report can be found at https://www.paymentsense.com/uk/future-of-payments/