Cards are the preferred way to pay in the UK
Win the hearts and minds of UK consumers by finding out their payment methods of choice. Here's a sneak peek: more than half (58%) of UK consumers favoured debit and credit cards for their online payments in 2021.
Market share of UK’s preferred payment methods
Credit card
Debit card
Bank transfer
PayPal
Other
Apple Pay
Google Pay
Klarna
UK’s most popular card schemes by usage
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Projections for eCommerce and mCommerce in the UK
eCommerce
$356,202 million by 2025
UK’s eCommerce is gaining traction and is predicted to reach $356,202 million – an uptick from 2021’s $283,175 million.
mCommerce
$149,961 million by 2025
Payments made via smartphone represented nearly half (46%) of the UK’s eCommerce transactions when compared to desktop and tablet (37% and 17%, respectively). mCommerce’s market size is expected to hike to $149,961 million versus $109,023 million in 2021.
Want to tap into the UK market? We can get you there
For international merchants looking to gain a foothold in the UK market, here are the highlights of the country’s payment landscape you need to know:
Card payments are a national favourite way to pay, with Visa payments holding the reins as the most popular card scheme.
mCommerce is gaining traction amongst UK consumers, making it a must-have sales channel for international merchants looking to reach a mass audience in the UK.
