Monthly contactless spending nears €1 billion as August sees new high

The BPFI have said some of the increase can be attributed to the Covid-19 pandemic. File picture

Almost €1billion was spent using contactless payments in August, according to new figures.

Figures published by the Banking and Payments Federation Ireland (BPFI) show that in August 2020 more than 62 million contactless payments valued at almost €990m were made.