This statistic displays the value of digital payment transactions in the United Kingdom (UK) in 2016, and provides a forecast thereof until 2022. Transactional value of this market segment in the UK is expected to increase from approximately 173 billion U.S. dollars in 2017 to approximately 302 billion in 2022. An overview of all Digital Markets can be found here.
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 50 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets.
Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022
(in million U.S. dollars)
The “Digital Payments” market segment is led by consumer transactions and includes payments for products and services which are made over the Internet, mobile payments at Point-of-Sale (POS) via smartphone applications as well as cross-border Peer-to-Peer transfers between private users. 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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Statista (Digital Market Outlook). (April 1, 2018). Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/516971/digital-market-outlook-digital-payment-transaction-value-uk/
Statista (Digital Market Outlook). "Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars)." Chart. April 1, 2018. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/516971/digital-market-outlook-digital-payment-transaction-value-uk/
Statista (Digital Market Outlook). (2018). Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/516971/digital-market-outlook-digital-payment-transaction-value-uk/
Statista (Digital Market Outlook). "Digital Payment Transactional Value in The United Kingdom (Uk) from 2016 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Apr 2018, https://www.statista.com/statistics/516971/digital-market-outlook-digital-payment-transaction-value-uk/
Statista (Digital Market Outlook), Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/516971/digital-market-outlook-digital-payment-transaction-value-uk/ (last visited December 23, 2024)
Digital payment transactional value in the United Kingdom (UK) from 2016 to 2022 (in million U.S. dollars) [Graph], Statista (Digital Market Outlook), April 1, 2018. [Online]. Available: https://www.statista.com/statistics/516971/digital-market-outlook-digital-payment-transaction-value-uk/
