Relative importance of payment services or instruments as share of total transaction numbers in the United Kingdom (UK) from 2014 to 2017
Payment services or instrument relative importance in the United Kingdom 2014-2017
This statistic displays the relative importance of payment services or instruments as a share of total transactions (in terms of transaction numbers) in the United Kingdom from 2014 to 2017. As of 2017, card payments were ranked as the most important payment instrument on that market, accounting for over 69 percent of all transactions.
Relative importance of payment services or instruments as share of total transaction numbers in the United Kingdom (UK) from 2014 to 2017
2014201520162017
Card (credit and debit) payments61.18%63.16%65.1%69.6%
Credit transfer18.53%17.53%16.8%15.7%
Direct debit17.27%16.91%16.2%14.2%
Cheques3.03%2.41%1.9%1.4%
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Source

Release date

July 2019

Region

United Kingdom

Survey time period

2014 to 2018

Supplementary notes

* E-money instruments, issued by resident payment service providers (PSPs) as defined in Directive 2007/64/EC, according to the source.

Payment services or instrument relative importance in the United Kingdom 2014-2017
This statistic displays the relative importance of payment services or instruments as a share of total transactions (in terms of transaction numbers) in the United Kingdom from 2014 to 2017. As of 2017, card payments were ranked as the most important payment instrument on that market, accounting for over 69 percent of all transactions.
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