UK Card Expenditure Statistics: March 2017

Payment card spending in March 2017 was £57.8 billion, up by £335 million (0.6 per cent) on February.Read More

UK Card Expenditure Statistics: February 2017

Total card spending in February 2017 was £57.2 billion, an increase of £300 million on January, and up from £52.2 billion in February 2016.Read More

Online card spending up by a quarter

Internet spending has jumped by more than a quarter in the last two years, a new report analysing how the UK uses payment cards online reveals. Card spending on the internet totalled £154 billion in the UK in 2016, averaging £422 million a day, figures from The UK Cards Association show. This is a rise […]Read More

Response to the FCA credit card market study consultation paper

Commenting on the publication of the FCA’s credit card market study consultation paper issued today (Monday 3 April 2017) Richard Koch, Head of Policy at The UK Cards Association, said: “We welcome the FCA’s considered proposals and support their view that the overall package is robust, and that the combined effect will address the concerns […]Read More

Card spending up in 2016

Consumers spent £647 billion using payment cards in 2016, new figures show. There were 14.8 billion card transactions in 2016, equivalent to 40.5 million transactions a day or 469 a second, data from The UK Cards Association shows. Three-quarters of retail spending (76.4 per cent) was on payment cards. Retail spending on cards in 2016 […]Read More

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