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Card expenditure statistics July 2017 PDF Print E-mail
Wednesday, 13 September 2017
The number of card payments increased to 1.39 billion in July, largely because of the migration of cash payments to card and the increased use of contactless. Total spending was £57.8 billion, up from £54.2 billion in July 2016. 
Contactless payments accounted for 36 per cent of total purchases, compared to 19 per cent in July 2016.
Online spending grew by £170 million to £15.7 billion, accounting for 27 per cent of total card spending, up from 23 per cent in July 2016.

Richard Koch, Head of Cards at UK Finance, said: “Coinciding with the ‘days-out’ holiday season, leisure and entertainment activities accounted for significant spend on cards during July. Contactless cards were used for one in three purchases as consumers continue to make lower-value transactions using their cards, rather than cash.”
 

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