Increase to €50 tap boosts contactless payment numbers

The latest contactless payments figures published by Banking and Payments Federation Ireland  showed that each day in February of this year, 1.6m contactless payments were made. File picture

More than €26m was spent daily by customers through contactless payments in February, representing a "substantial jump" in comparison with the same period last year, banking data has suggested.

The latest contactless payments figures published by Banking and Payments Federation Ireland (BPFI) showed that each day in February of this year, 1.6m contactless payments were made.