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Key Payment Facts (2010)

Plastic Cards - In 2012

  • There were 169.0 million cards in issue - 56.4 million credit cards, 6.6 million charge cards, 88.6 million debit cards and 17.4 million ATM-only cards.
  • Debit cards were used to make 7.7 billion purchases in the UK to a value of £337 billion.
  • 91% of the UK adult population had a debit card 2012.
  • There were just over 30 million credit card holders in 2012, 61% of the UK adult population.
  • On average, credit card holders made 68 payments in the year, spending £4,000.

 

Cash & Cash machines - In 2012

  • by the end of the year there were 66,134 cash machines in the uK.
  • There were 20,065 pay-to-use machines at the end of 2012, a decrease of 2.3% on 2011, whilst free-to-use machines increased by 5.1% to 46,069.
  • Cash machine withdrawals increased by 1.4% to 2.9 billion with values of £194 billion, an average of £6,139 per second.
  • 72% of cash acquired by individuals was through cash machines.
  • There were 20.8 billion cash payments in the UK, representing 54% of all payments.

Cheques - In 2012

  • On average only 2.4 million inter-bank cheques were processed daily in 2012, down from 2.7 million a year earlier.
  • The average value of a cheque in 2012 was £1,007, up from £991 in 2011.
  • Of a typical day's cheque clearing in OCtober 2012 52% of all cheques were for less than £100 and 44 had a value of 1p, the fewest seen in these analysis. The most common amount remained at £25, with over 3,500 items under £1. The lowest ever high value item was settled for £2,686,259.51.

 

Automated Payments

  • Faster Payments volumes soared to 811 million, a 54% increase on 2011.
  • 3.4 billion Direct Debits and 2.2 Bacs Direct Credits were processed in 2012.
  • CHAPS volumes decreased by 0.3% in 2012, to 33.9 million. CHAPS sterling values increased in 2012 by 11.4%, to a value of £77,073 billion, of which £76,447 billion were electronic, and £626 billion were paper.