The value of debit card payments in the United Kingdom grew by several billion pounds each year, up until the coronavirus pandemic in 2020. The source claims that lockdown restrictions within the country especially in the summer of 2020 limited credit card payments. The monthly debit card expenses did increase over the course of 2021, reaching near pre-pandemic figures in July 2021.
Value of debit card transactions in the United Kingdom (UK) from 2009 to 2020
The figures have been taken from several publications.
The USD figures have been calculated by Statista, based on GBP/USD annual averages from the Federal Reseve. This to allow for (rough) comparisons between various countries on specific payment methods.
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Statista. (March 15, 2021). Value of debit card transactions in the United Kingdom (UK) from 2009 to 2020 [Graph]. In Statista. Retrieved January 21, 2022, from https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/
Statista. "Value of debit card transactions in the United Kingdom (UK) from 2009 to 2020." Chart. March 15, 2021. Statista. Accessed January 21, 2022. https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/
Statista. (2021). Value of debit card transactions in the United Kingdom (UK) from 2009 to 2020. Statista. Statista Inc.. Accessed: January 21, 2022. https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/
Statista. "Value of Debit Card Transactions in The United Kingdom (Uk) from 2009 to 2020." Statista, Statista Inc., 15 Mar 2021, https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/
Statista, Value of debit card transactions in the United Kingdom (UK) from 2009 to 2020 Statista, https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/ (last visited January 21, 2022)
