The monthly amount of credit and debit transactions made in the United Kingdom (UK) fluctuated significantly between 2019 and 2020. Following the global Covid-19 pandemic, UK consumers appear to have made significant efforts to engage in fewer transactions and spend less money. A low point was experienced in April 2020, when less than one billion transactions took place. The number has risen since then, and as of October 2021, there were over two billion credit and debit transactions made in the UK.
Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2023
(in millions)
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British Bankers’ Association, & UK Cards Association, & UK Finance, & Statista. (November 15, 2023). Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2023 (in millions) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association, und UK Cards Association, und UK Finance, und Statista. "Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2023 (in millions)." Chart. November 15, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association, UK Cards Association, UK Finance, Statista. (2023). Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2023 (in millions). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association, and UK Cards Association, and UK Finance, and Statista. "Combined Total Number of Credit Card and Debit Card Transactions in The United Kingdom (Uk) from January 2014 to August 2023 (in Millions)." Statista, Statista Inc., 15 Nov 2023, https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association & UK Cards Association & UK Finance & Statista, Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2023 (in millions) Statista, https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/ (last visited November 18, 2024)
Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2023 (in millions) [Graph], British Bankers’ Association, & UK Cards Association, & UK Finance, & Statista, November 15, 2023. [Online]. Available: https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
