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Automated credits payments in the UK in 2014, with forecasts up until 2018

This statistic presents the number of automated credits payments carried out in the United Kingdom (UK) in 2014 and a forecast thereof from 2015 to 2018. A moderate increase in usage of automated credits method was connected to the public's growing willingness to choose cashless payment methods. By the end of 2018, automated credits transactions via various systems such as BACS or FSP, were expected to grow to the level of nearly 3.7 billion per annum.

Number of annual automated credits payments in the United Kingdom (UK) in 2014, with forecasts from 2015 to 2018

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Release date

December 2014


United Kingdom

Survey time period


Supplementary notes

The source adds further comments: "Includes BACS Direct Credits, standing orders, Faster Payment Service for Internet and telephone banking payments and in-house standing orders and remote banking payments.

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Statistics on "Mobile payments in the United Kingdom (UK)"

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