Digital Payments transaction value in United Kingdom 2024

The graph presents the value of transactions in the Digital Payments market in United Kingdom in 2020, and provides a forecast thereof until 2024. According to the Digital Market Outlook, the Digital Commerce segment in United Kingdom is expected to grow to 155,600.3 million U.S. dollars in 2024.

Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the Digital Economy, including various digital goods and services. Alongside revenue forecasts for 150 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets. The Forecast was adjusted for the expected impact of COVID-19.

FinTech - Digital Payments transaction value forecast in United Kingdom 2020-2024, by segment (in million U.S. dollars)

Characteristic	Digital Commerce	Mobile POS Payments
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Supplementary notes

The Digital Payments market segment is led by consumer transactions and includes payments for products and services which are made over the Internet as well as mobile payments at point-of-sale (POS) via smartphone applications . 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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