June 16, 2021

UK Total Payment Volume, by Payment Method, 2015-2020 (billions)

Methodology

Data was compiled from annually released UK Finance report summaries from the "UK Payments Markets Summary" during 2016-2021. The data therein is based on an analysis of all forms of payments during 2015-2020 and uses industry data to identify the most recent trends affecting cash, cards, checks, and electronic payments in the UK. The data is drawn from a variety of data sources including UK Finance members, UK payment clearing schemes, LINK, and other published data and projections. UK Finance is a trade association for the UK banking and financial services sector.