PayLens /Markets

United Kingdom

United Kingdom

GBP68.3 MBritish-Isles

Payment mix, all channels · 2024

Cards 64%
Other 16%
  • Cash9%
  • Cards64%
  • Account to account11%
  • Other16%

Cash settles 9% of payments here, the 16-highest of 18 tracked markets.

POS terminals

2,026,700
2024·-5.7% year on year
192021222324

Provided by resident PSPs (ECB)

Key figures

169.154 M
Cards in issue
61%
Contactless
27.1%
E-commerce
€39
Avg. card payment

Accepted methods · 17

UK Open Banking / Pay by Bank· domesticFaster Payments· domesticVisaMastercardAmerican ExpressUnionPayJCBDiners Club / DiscoverApple PayGoogle PaySamsung PayPayPalSEPA Instant Credit TransferWeroKlarnaClearpayUSDC (stablecoin acceptance)

What applies here

Interchange
Retained EU IFR caps post-Brexit: 0.2% debit / 0.3% credit on consumer cards, enforced by the PSR.
Surcharging
Banned on all consumer card payments (and most consumer payment methods) under the Consumer Rights (Payment Surcharges) Regulations 2012, as amended in 2018.

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