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UK Payment Statistics 2008 APACS and the Payments Council…
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UK Payment
Statistics
2008
APACS and the Payments Council work together to produce the data, which is
provided by their members.
APACS is the trade body that gives banks, building societies and card issuers a forum where they can work
together on non-competitive issues. We help manage the way that businesses and individuals in the UK move
their money around this covers cash, credit and debit cards, cheques and automated payments such as Direct
Debits, salary payments and online/phone transactions. We also lead the fight against banking fraud and twice
a year we publish figures on payment industry fraud losses.
The Payments Council is the organisation that sets strategy for UK payments. It has been established to ensure
that UK payment systems and services meet the needs of users, payment service providers and the wider
economy. The Payments Council has three core objectives: to lead the future development of co-operative
payment services in the UK in order to ensure that the payment system as a whole meets the needs of
payment service providers, users and the wider economy; to ensure that the payment system is open,
accountable and transparent; and to ensure the operational efficiency, effectiveness and integrity of payment
services in the UK.
The major UK payment clearing systems are managed independently by If you have any queries regarding this publication, or require further copies,
three autonomous clearing companies. These companies are responsible for please contact:
maintaining the financial integrity and operational efficiency of the clearings:
Information Management for clearing statistics and plastic cards/
Bacs is responsible for the processing of bulk electronic payments. cash machines:
CHAPS Clearing Company Limited manages both the CHAPS and Faster Denise Heriot/Ian Kerr
Payments Schemes. Tel 020 7711 6223/6222
Cheque & Credit Clearing Company Limited oversees the clearing of e-mail inform@apacs.org.uk
cheques and paper credits.
Policy and Markets Unit for payment markets enquiries:
A range of senior industry groups operate within APACS covering Card
Payments, Electronic Commerce, Faster Payments, Fraud Control and Mike Bowman/Tanya Surendra
Liquidity Managers. Tel 020 7711 6265/6334
e-mail pmp@apacs.org.uk
For general information about APACS please contact:
Tel 020 7711 6259
e-mail corpcomms@apacs.org.uk
www.apacs.org.uk
For membership information about the Payments Council please contact:
Tel 020 7711 6200
e-mail membership@paymentscouncil.org.uk
www.paymentscouncil.org.uk
Published June 2008
Preface
UK Payment Statistics is the authoritative source of UK payment statistics The annual UK plastic card and cash machine statistics are compiled from
showing historical data and market trends. Most of the tables display figures information gathered from UK-based issuers of payment, cheque guarantee
over a ten-year period, from 1997 to 2007, with some additional forecast and ATM-only cards; from those institutions which process plastic card
data up to and including 2017 also being shown. transactions on behalf of UK-based merchants, retailers and other service
providers; and cash machine owners including IADs. Since 2001 data relating
In 2008 The Way We Pay series will be published, which will provide a detailed
to store cards has been provided by the Finance & Leasing Association. The
commentary on UK Cash & Cash Machines, UK Plastic Cards, UK Cheques
data relating to banknotes in issue is provided by the Bank of England.
and UK Automated Payments.
The Policy and Markets Unit analyses the clearing, card and cash machine
The main focus of UK Payment Statistics is to provide one data source for all
data together with market research findings taken primarily from the Consumer
of the UK payments statistical information, covering the paper and electronic
Payments Survey. The aim of the Survey is to measure the volume of payments
clearings, the plastic card market and other payment markets. The report is
made by different methods, and to provide information on payment methods
divided into four main sections:
used by individuals. The Survey is conducted by means of a combination of
I Detailed annual clearing statistics for the UK, encompassing Bacs, Cheque telephone interviews, self-completion questionnaires and diary completion.
& Credit, CHAPS Sterling and Euro and the paper dollar clearing together The 2007 sample is based on a sample of 3,859 individuals aged 16 or over
with details of UK financial institutions' branch networks. The cheque and resident in Great Britain.
volumes quoted in these tables differ to those in Section IV as they do
not include an estimate for in-house items. Additional information
II Detailed annual card statistics including the number of cards in issue (by Clearing statistics are updated and issued to members on both a monthly
type) and the volume and value of transactions made using UK-issued and annual basis. It should be noted that all clearing data for Northern
cards, both in the UK and abroad; data relating to the usage of UK Ireland has been estimated. Quarterly statistical tables are released to the
and foreign-issued cards in the UK, split by sector, such as the media and other stakeholders. Card Expenditure Statistics (CES) data is also
number and value of transactions made on food and drink, motoring released every month; if you would like to subscribe to this service please
and entertainment. email corpcomms@apacs.org.uk.
III Detailed annual statistics showing Bank of England notes in circulation Plastic card and other payment market statistics are available annually.
and new notes issued since 1997. Annual ATM statistics are depicted in
A full glossary of terms used in this publication can be found at
terms of ownership, volume and value of transactions at cash machines,
www.apacs.org.uk.
card types accepted and the different facilities available for use.
IV Detailed annual statistics relating to the UK payment markets, providing Conventions
forecasts on all payment types, i.e. automated, plastic, cheque, cash and
The following conventions apply throughout this publication:
other transactions. In addition, there is data relating to business and
personal payment behaviour, plastic card holding, remote banking usage, · One billion equals 1,000 million.
payment of wages and salaries and receipt of income. Forecast data is
included up to 2017, indicating how payments are envisaged to change · Annual figures are for calendar years ending 31 December.
over the next decade based on historical data and future initiatives. The · Symbols used in tables:
cheque volumes quoted in these tables differ to those in Section I as they
include an estimate for in-house items. - nil value
.. value too small to be shown
Histories of the clearings and of plastic cards are included, together with
membership details of schemes and useful websites. * figure not available
^ revised figure
Sources of data
# percentage figures not calculated due to small base
The clearing data in this report is compiled from information provided giving large outcome
by members of the clearing companies and analysed by Information
Some columns do not show any percentage changes where the source
Management. The Building Societies Association provides data relating to
figures are very small typically below ten.
branch numbers of those institutions which are their member institutions.
Due to the rounding of figures, the sum of separate items may differ from
the totals shown.
UK Payment Statistics | 2008 1
Contents
Section I UK Clearing and other Statistics Table 17.1 Debit card expenditure by sector volumes 1997-2007 62
Key Statistics 4 Table 17.2 Debit card expenditure by sector values 1997-2007 63
Table 1.1 Annual clearing volumes and values 2006-2007 5 Table 18.1 Fraudulent transactions on UK-issued cards
Table 1.2 Average daily clearing volumes and values 2006-2007 6 volumes 1997-2007 64
Table 1.3 Bacs volumes and values 1997-2007 7 Table 18.2 Fraudulent transactions on UK-issued cards
Table 1.4 CHAPS volumes and values 1997-2007 8 cards values 1997-2007 66
Table 1.5 CHAPS value band analysis: 2007 9 Section III UK Cash and Cash Machines
Table 1.6 TARGET in and out analysis by country: 2007 10 Key Statistics 70
Table 1.7 Inter-bank cheque volumes and values 1997-2007 11 Table 19.1 Bank of England notes in circulation
Table 1.8 Inter-bank credit volumes and values 1997-2007 12 and new notes issued 1997-2007 71
Table 1.9 Inter-bank clearing volumes: UK summary 1997-2007 13 Table 20.1 Number of ATMs in the UK by owner
Table 1.10 Inter-bank clearing values: UK summary 1997-2007 14 institution and location: 2007 72
Table 2.1 Inter-branch clearing volumes 1997-2007 15 Table 20.2 Number of ATMs: Summary 73
Table 3.1 Inter-bank and inter-branch paper clearing volumes: UK Table 21.1 ATM withdrawals 1997-2007 73
summary 1997-2007 16 Table 22.1 Card types accepted at ATMs 1997-2007 73
Table 3.2 Inter-bank and inter-branch clearing volumes: Table 23.1 Availability of additional facilities
UK summary 1997-2007 17 by ATM ownership: 2007 74
Table 4.1 US dollar clearing volumes and values 1997-2007 18 Table 23.2 Availability of additional facilities:
Table 5.1 Number of UK branches 1997-2007 19 Summary 1997-2007 75
Table 23.3 Annual frequency of use per ATM of additional
Section II - UK Plastic Cards
facilities 1998-2007 75
Key Statistics 22
Table 6.1 Summary: Cards in issue 1997-2007 23 Section IV- UK Payment Markets
Table 6.2 Summary: Transaction volumes 1997-2007 24 Key Statistics 78
Table 6.3 Summary: Transaction values 1997-2007 26 Table 24.1 UK payment and cash acquisition volumes
Table 7.1 Cards in issue 1997-2007 28 summary 2006-2007 79
Table 8.1 Transaction volumes 1997-2007 30 Table 25.1 Cheque, plastic and automated transaction
volumes 1997-2017 80
Table 8.2 Transaction values 1997-2007 32
Table 25.2 Cheque, plastic and automated transaction
Table 9.1 Cash acquisition in the UK volumes 1997-2007 34
values 1997-2007 80
Table 9.2 Cash acquisition in the UK values 1997-2007 36
Table 26.1 Total payments volumes 1997-2017 81
Table 10.1 Purchases in the UK volumes 1997-2007 38
Table 26.2 Total payments values 1997-2017 81
Table 10.2 Purchases in the UK values 1997-2007 39
Table 27.1 Business payments volumes 1997-2017 82
Table 11.1 Transactions outside the UK volumes 1997-2007 40
Table 28.1 Personal total payments volumes 1997-2017 82
Table 11.2 Transactions outside the UK values 1997-2007 42
Table 29.1 Personal regular payments volumes 1997-2017 83
Table 12.1 Annual averages: Number of transactions
Table 30.1 Personal spontaneous payments volumes 1997-2017 83
per card 1997-2007 44
Table 31.1 Total cash acquisition from accounts
Table 12.2 Annual averages: Turnover per card 1997-2007 46
volumes 1997-2017 84
Table 12.3 Annual averages ATV 1997-2007 48
Table 31.2 Total cash acquisition from accounts values 1997-2017 84
Table 13.1 Gold cards 1998-2007 50
Table 32.1 Account holding volumes 1997-2017 85
Table 13.2 Platinum cards 1998-2007 51
Table 33.1 Payment users 1997-2017 85
Table 13.3 Affinity cards 1998-2007 52
Table 34.1 Users of remote banking channels 1997-2017 86
Table 13.4 Co-branded cards 1998-2007 53
Table 35.1 Card not present volumes 1997-2017 86
Table 13.5 Business cards 1998-2007 54
Table 36.1 Payment of wages and salaries volumes 1997-2017 87
Table 13.6 Purchasing cards 1998-2007 55
Table 37.1 Receipt of income: All benefits 1997-2017 87
Table 14.1 Point-of-sale terminals 1997-2007 56
Table 15.1 Card expenditure by sector 1997-2007 58 History of the clearings and plastic cards 90
Table 15.2 Card expenditure by sector values 1997-2007 59 Membership of the Clearing Companies and card schemes 96
Table 16.1 Credit card expenditure by sector volumes 1997-2007 60 Useful websites 101
Table 16.2 Credit card expenditure by sector values 1997-2007 61
2 UK Payment Statistics | 2008