This statistic shows the average monthly payments made by consumers in the United Kingdom (UK) in 2015 by payment method against a 2025 forecast of how payment method volumes will change per UK adult. 2015 statistics show that cash is king when it comes to payment methods for the average adult, with 27 payments per month in 2015. The forecast shows that this is likely to change with cash purchases falling to second behind debit cards that are forecast to rise from 16 to 25 purchases per month in 2025. Contactless debit card payments are set to rise greatly between 2015 and 2025 from 2 to 14 uses per adult per month in 2025.
Average number of monthly consumer payments made per adult in the United Kingdom (UK) 2015 to 2025, by method
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2015
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* The source adds the following information: "Faster Payments totals include remote banking payments cleared in-house."
** 2025 forecast of consumer spending behavior.
*** The source adds the following information: "The contactless card payments shown here are a subset of the debit and credit card payments, not additional payments."
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Payments UK. (October 1, 2016). Average number of monthly consumer payments made per adult in the United Kingdom (UK) 2015 to 2025, by method [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/748579/average-monthly-consumer-payment-methods-in-the-uk/
Payments UK. "Average number of monthly consumer payments made per adult in the United Kingdom (UK) 2015 to 2025, by method." Chart. October 1, 2016. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/748579/average-monthly-consumer-payment-methods-in-the-uk/
Payments UK. (2016). Average number of monthly consumer payments made per adult in the United Kingdom (UK) 2015 to 2025, by method. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/748579/average-monthly-consumer-payment-methods-in-the-uk/
Payments UK. "Average Number of Monthly Consumer Payments Made per Adult in The United Kingdom (Uk) 2015 to 2025, by Method." Statista, Statista Inc., 1 Oct 2016, https://www.statista.com/statistics/748579/average-monthly-consumer-payment-methods-in-the-uk/
Payments UK, Average number of monthly consumer payments made per adult in the United Kingdom (UK) 2015 to 2025, by method Statista, https://www.statista.com/statistics/748579/average-monthly-consumer-payment-methods-in-the-uk/ (last visited July 22, 2024)
Average number of monthly consumer payments made per adult in the United Kingdom (UK) 2015 to 2025, by method [Graph], Payments UK, October 1, 2016. [Online]. Available: https://www.statista.com/statistics/748579/average-monthly-consumer-payment-methods-in-the-uk/
