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Most used payment methods by customers in Wholesale and Retail Trade in the UK 2016

This statistic displays the share of payment methods used most by customers in the Wholesale and Retail Trade industry in the United Kingdom (UK) in 2016. the share of customers that most used either credit or debit cards for purchases in this area amounted to around 46 percent of sales. Cash made up 27 percent of payments.

Share of customers payments most used in the Wholesale and Retail Trade industry in the United Kingdom (UK) in 2016, by method used

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Source

Release date

September 2016

Region

United Kingdom

Survey time period

January 2016

Number of respondents

804 small businesses*

Age group

18 years and older

Special properties

* 132 businesses in the Wholesale and Retail Trade industry

Method of interview

Telephone interview

Supplementary notes

The source adds the following information: "The research focuses specifically on small businesses with fewer than 20 employees that transact with individuals only, or both individuals and other businesses, and have an annual turnover of less than £10 million. The survey only included small businesses that were trading at the time of fieldwork; it does not include businesses that have ceased trading."

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