Visa: Contactless Transactions in UK to Grow Fourfold This Year; Though Base Remains Small

Visa Europe predicts the UK will have 34 million contactless Visa-branded cards on issue and 175,000 contactless terminals deployed by the end of 2013, with Europe reaching 70 million Visa-branded contactless cards and 650,000 contactless terminals this year.

It’s unclear whether all the terminals in Europe would be active this year; some might be equipped with readers, ready for activation later. 

Visa made the predictions Wednesday as part of an announcement with Streamline, the UK’s biggest merchant acquirer, confirming a larger rollout of contactless acceptance by major UK merchant Boots at its retail pharmacy locations. It follows announcements by some other major merchants accepting contactless in the UK.

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