The most common purpose for businesses to use checks in the United Kingdom (UK) throughout the period from 2014 to 2018 was to pay a trade supplier, but in 2019 the most common purpose was for other ad-hoc payments to businesses. Other purposes include various examples, such as payment to a trade supplier, regular business commitment, and refunds to customers. 49 percent of businesses used checks to pay a supplier in 2019, which was lower than the 63 percent in 2018.
Share of businesses that use checks in the United Kingdom (UK) from 2014 to 2019, by check purpose
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Cheque and Credit Clearing Company. (January 28, 2020). Share of businesses that use checks in the United Kingdom (UK) from 2014 to 2019, by check purpose [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/291321/share-of-businesses-using-checks-in-the-united-kingdom-uk-by-purpose/
Cheque and Credit Clearing Company. "Share of businesses that use checks in the United Kingdom (UK) from 2014 to 2019, by check purpose." Chart. January 28, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/291321/share-of-businesses-using-checks-in-the-united-kingdom-uk-by-purpose/
Cheque and Credit Clearing Company. (2020). Share of businesses that use checks in the United Kingdom (UK) from 2014 to 2019, by check purpose. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/291321/share-of-businesses-using-checks-in-the-united-kingdom-uk-by-purpose/
Cheque and Credit Clearing Company. "Share of Businesses That Use Checks in The United Kingdom (Uk) from 2014 to 2019, by Check Purpose." Statista, Statista Inc., 28 Jan 2020, https://www.statista.com/statistics/291321/share-of-businesses-using-checks-in-the-united-kingdom-uk-by-purpose/
Cheque and Credit Clearing Company, Share of businesses that use checks in the United Kingdom (UK) from 2014 to 2019, by check purpose Statista, https://www.statista.com/statistics/291321/share-of-businesses-using-checks-in-the-united-kingdom-uk-by-purpose/ (last visited August 25, 2024)
Share of businesses that use checks in the United Kingdom (UK) from 2014 to 2019, by check purpose [Graph], Cheque and Credit Clearing Company, January 28, 2020. [Online]. Available: https://www.statista.com/statistics/291321/share-of-businesses-using-checks-in-the-united-kingdom-uk-by-purpose/