This statistic shows the average value of retail transactions in the United Kingdom (UK) in 2016, by transaction type. Higher transactions are generally made with credit and charge cards than with the other methods, with an average payment valuing at 32.72 British pounds.
Average value of retail transactions in the United Kingdom (UK) in 2016, by payment method
(in GBP)
Characteristic
Transaction value in GBP
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*The source circulated a questionnaire to all its members and responses were received from members who have a total annual sales turnover of circa £175 billion, accounting for nearly 50 percent of total UK retail sales (2016: approx. 351 billion). Most of these retails sales arose from around 20,000 shops of all types, in addition to those made via the internet, mobile or mail order channels.
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British Retail Consortium. (July 12, 2017). Average value of retail transactions in the United Kingdom (UK) in 2016, by payment method (in GBP) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/310623/average-retail-transaction-value-in-the-united-kingdom-uk-by-type/
British Retail Consortium. "Average value of retail transactions in the United Kingdom (UK) in 2016, by payment method (in GBP)." Chart. July 12, 2017. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/310623/average-retail-transaction-value-in-the-united-kingdom-uk-by-type/
British Retail Consortium. (2017). Average value of retail transactions in the United Kingdom (UK) in 2016, by payment method (in GBP). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/310623/average-retail-transaction-value-in-the-united-kingdom-uk-by-type/
British Retail Consortium. "Average Value of Retail Transactions in The United Kingdom (Uk) in 2016, by Payment Method (in Gbp)." Statista, Statista Inc., 12 Jul 2017, https://www.statista.com/statistics/310623/average-retail-transaction-value-in-the-united-kingdom-uk-by-type/
British Retail Consortium, Average value of retail transactions in the United Kingdom (UK) in 2016, by payment method (in GBP) Statista, https://www.statista.com/statistics/310623/average-retail-transaction-value-in-the-united-kingdom-uk-by-type/ (last visited July 22, 2024)
Average value of retail transactions in the United Kingdom (UK) in 2016, by payment method (in GBP) [Graph], British Retail Consortium, July 12, 2017. [Online]. Available: https://www.statista.com/statistics/310623/average-retail-transaction-value-in-the-united-kingdom-uk-by-type/
