Visa and Mastercard are the most frequently offered payment methods in UK e-commerce. 98% of the top 500 online shops by net sales in 2020 in the UK offer payment by these methods. Followed by Paypal with a percentage of 77%. American Express and Cash in advance also belong to the top 5 payment methods in UK e-commerce.
Share of online stores that offer the main payment methods in the United Kingdom in 2020
(in %)
Base: Top 500 online stores by net sales in the UK in 2020 for which payment information is available.
The e-commerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). Incorporated in this definition are purchases via desktop computer (including notebooks and laptops) as well as purchases via mobile devices such as smartphones and tablets.Â
The following are not included in the e-commerce market: marketplace platforms only, digitally distributed services (e.g. travel tickets), online stores dedicated to digital media downloads or streams as well as online stores dedicated to B2B markets nor sales between private persons (C2C). Market volume, market growth and all monetary figures at store level refer to the annual e-commerce net sales after the deduction of returns.
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ecommerceDB.com. (September 21, 2021). Share of online stores that offer the main payment methods in the United Kingdom in 2020 (in %) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/forecasts/1218293/united-kingdom-top-payment-methods-ecommercedb
ecommerceDB.com. "Share of online stores that offer the main payment methods in the United Kingdom in 2020 (in %)." Chart. September 21, 2021. Statista. Accessed May 28, 2022. https://www.statista.com/forecasts/1218293/united-kingdom-top-payment-methods-ecommercedb
ecommerceDB.com. (2021). Share of online stores that offer the main payment methods in the United Kingdom in 2020 (in %). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/forecasts/1218293/united-kingdom-top-payment-methods-ecommercedb
ecommerceDB.com. "Share of Online Stores That Offer The Main Payment Methods in The United Kingdom in 2020 (in %)." Statista, Statista Inc., 21 Sep 2021, https://www.statista.com/forecasts/1218293/united-kingdom-top-payment-methods-ecommercedb
ecommerceDB.com, Share of online stores that offer the main payment methods in the United Kingdom in 2020 (in %) Statista, https://www.statista.com/forecasts/1218293/united-kingdom-top-payment-methods-ecommercedb (last visited May 28, 2022)