Monthly number of payment card transactions in the UK 2014-2023
The monthly amount of credit and debit transactions made in the United Kingdom (UK) fluctuated significantly between 2019 and 2020. Following the global Covid-19 pandemic, UK consumers appear to have made significant efforts to engage in fewer transactions and spend less money. A low point was experienced in April 2020, when less than one billion transactions took place. The number has risen since then, and as of October 2021, there were over two billion credit and debit transactions made in the UK.