DMO: digital payment transaction value in the UK 2016-2022

This statistic displays the value of digital payment transactions in the United Kingdom (UK) in 2016, and provides a forecast thereof until 2022. Transactional value of this market segment in the UK is expected to increase from approximately 173 billion U.S. dollars in 2017 to approximately 302 billion in 2022. An overview of all Digital Markets can be found here.
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Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022

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Source

Release date

April 2018

Region

United Kingdom

Survey time period

2017

Supplementary notes

* Estimate.

The “Digital Payments” market segment is led by consumer transactions and includes payments for products and services which are made over the Internet, mobile payments at Point-of-Sale (POS) via smartphone applications as well as cross-border Peer-to-Peer transfers between private users. The following are not included in this segment: transactions between businesses (Business-to-Business payments), bank transfers initiated online (that are not in connection with products and services purchased online), and payment transactions at the Point-of-Sale where mobile card readers (terminals) are used.

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