![]() ![]() This is most likely due to the rise of contactless payments. The average value per card payment in the UK is decreasing quickly: There were 368.92 billion card transactions worldwide in 2018. ( UK Finance)Ĭard payments made up 78.4% of all retail sales in the UK by the end of Q1, 2017. Total spending on all debit and credit cards in the UK reached £800 billion in 2018, with 20.4 billion transactions made during the year. There were 51.1 million UK debit card holders in 2016, more than nine in ten adults (96%). In the UK there were 32.3 million people with a credit or charge card in 2016, about six in ten adults. Luxembourg leads Europe for the number of cards carried, but this includes the portion of cards issued to cardholders not living in Luxembourg. In the EU, the number of cards carried per inhabitant ranges from 0.8 to 3.9. ![]() ( Shift Processing)Īmericans have an average of four credit cards. There are 1.06 billion credit cards in use in America, and 2.8 billion credit cards in worldwide. We'll begin with just how widespread the use of credit cards actually is. Let’s begin by looking at several very interesting data points around credit card use - both personal and professional. ![]()
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