APACS - the UK payments association

Plastic cards in the UK and how we used them in 2007

  • There were 165.4 million payment cards in issue – 67.3 million credit cards, 5.7 million charge cards and  71.6 million debit cards, 20.2 million ATM-only cards and 0.5 million cheque guarantee cards.
  • There are 41.7 million personal debit card holders, representing 84% of the adult population
  • The number of personal credit and charge cardholders fell  to 30.8million, representing 62% of the adult population .
  • The average number of cards per person was 2.4 credit cards and 1.6 debit cards.
  • Spending on plastic cards in the UK amounted to £354.2 billion in 2006, which comprised £221 billion on debit cards, and £133.2 billion on credit and charge cards.
  • Internet card payments have risen nearly four-fold over the last five years, to £34 billion.  
  • There were 4.9 billion debit card purchases in 2007, an increase of 9% on 2006, with an average transaction value of £45.
  • There were 1.9 billion purchases made on credit and charge cards in the UK, giving an average transaction value of £63.22.

Choosing and Using
For a comprehensive guide to choosing and using a credit card

Chip and Pin
For further information about chip and PIN in the UK

 


Trade Association Forum - Committed to Best Practice - Member 2005
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