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. However, since late 2021, this trend has reversed, showing an overall increase despite some fluctuations, and as of November 2024, there were almost 2.2 billion credit and debit transactions made in the UK.
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 **********, when less than *********** transactions took place. However, since late 2021, this trend has reversed, showing an overall increase despite some fluctuations, and as of *************, there were almost *** billion credit and debit transactions made in the UK.
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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. However, since late 2021, this trend has reversed, showing an overall increase despite some fluctuations, and as of November 2024, there were almost 2.2 billion credit and debit transactions made in the UK.