Contactless payment usage has significantly increased in past three years

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    Contactless payment usage has increased during the Covid-19 pandemicAs per Lloyds Bank data, in the early stages of the epidemic, 65% of face-to-face payments were done using contactless payment via debit cards in June 2019, but by June 2022, this had increased to 87%. According to figures released in March by the banking sector trade association UK Finance,