Half of UK adults are now regularly paying for things by tapping their phone, new banking data suggests. He said the “change of consumer behaviour” was clear as last year marked the first time 50% of adults used mobile payments at least once a month – up from 34% in 2023. Some 78% of 16 to 24-year-olds regularly used mobile payments last year, and even more are registered to use them. For example, nearly two-thirds (59%) of 35 to 44-year-olds regularly made mobile payments in 2024, up from 38% a year earlier. Meanwhile, the UK’s financial regulator has proposed that banks and card providers set their own limits on contactless card payments or are allowed to remove the current £100 payment limit entirely.