The value of payments made with debit cards in the United Kingdom grew by roughly 12 percent in 2021. This meant an acceleration of the growth recorded in previous years, although pandemic year 2020 did cause a sizable slowdown of this growth. Debit cards rank as the most popular in-store payment method in the UK for several years, although their market share did decline. Mobile wallets, especially, are of growing importance in the retail transaction space in the country.
Value of debit card transactions for payments in the United Kingdom (UK) from 2012 to 2022
(in million GBP, and estimates in U.S. dollars)
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Statista. (February 26, 2024). Value of debit card transactions for payments in the United Kingdom (UK) from 2012 to 2022 (in million GBP, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved January 19, 2025, from https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/?__sso_cookie_checker=failed
Statista. "Value of debit card transactions for payments in the United Kingdom (UK) from 2012 to 2022 (in million GBP, and estimates in U.S. dollars)." Chart. February 26, 2024. Statista. Accessed January 19, 2025. https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/?__sso_cookie_checker=failed
Statista. (2024). Value of debit card transactions for payments in the United Kingdom (UK) from 2012 to 2022 (in million GBP, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: January 19, 2025. https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/?__sso_cookie_checker=failed
Statista. "Value of Debit Card Transactions for Payments in The United Kingdom (Uk) from 2012 to 2022 (in Million Gbp, and Estimates in U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/?__sso_cookie_checker=failed
Statista, Value of debit card transactions for payments in the United Kingdom (UK) from 2012 to 2022 (in million GBP, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/?__sso_cookie_checker=failed (last visited January 19, 2025)
Value of debit card transactions for payments in the United Kingdom (UK) from 2012 to 2022 (in million GBP, and estimates in U.S. dollars) [Graph], Statista, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/1274385/annual-debit-card-transaction-value-uk/?__sso_cookie_checker=failed
