Shoppers spent a whopping £1bn using contactless cards in November 2015, new figures show.

Contactless payments totalled a record £1.02bn during the month, according to new spending data from The UK Cards Association.

Contactless payments are expected to break new records throughout 2016

Contactless spending in November was up 10% on October and was almost four times the amount spent in January 2015 (£287m).

The average value of a contactless transaction also increased to £8.03 in November, up from £7.72 in the previous month.

The contactless payment limit increased from £20 to £30 in September 2015. Total spending on payment cards in November reached £53.2bn and the total amount spent online in the UK was £11.8bn – compared to £10.4bn in November 2014.

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Richard Koch, head of policy at The UK Cards Association, said: “Spending on contactless cards has increased almost fourfold since the beginning of 2015 and for £1bn to be spent via contactless in a month is a major milestone.

“Whether it’s buying lunch or paying for travel, there is a real appetite for contactless payments and this is only going to grow and grow.

“Making a contactless payment is fast, easy and secure. With so many retailers now accepting this technology, we are sure consumers will continue to vote with their wallets and use contactless cards as their preferred way to pay.”

Tami Hargreaves, commercial director, digital consumer payments at Barclaycard, said: “Every second counts for today’s busy shopper and as our data shows, ‘touch and go’ payments are now the norm for an increasing number of everyday purchases.

“Whether it’s grabbing a coffee on the way to work – or stocking up on groceries on the way home – the speed and ease of contactless means it’s now the preferred way to pay for shoppers across the country.

“As the old adage goes – ‘time is money’ and we expect contactless payments to continue to break new records throughout 2016.”

Barclaycard customers make more contactless transactions each month than in the whole of 2013

Barclaycard said its customers now make more contactless transactions in a month than were made in the whole of 2013.

“As the old adage goes – ‘time is money’ and we expect contactless payments to continue to break new records throughout 2016.”

The company, which processes nearly half of all debit and credit card transactions in the UK, saw the value of contactless spending rise 164% compared to 2014 figures.

The average amount spent by Barclaycard customers in each transaction increased by 26% to £8.65.