Description:
Helping businesses to save money on their payment processing fees or start accepting credit and debit cards is what Payzone Cards is all about. Card payments speed up the payment process ultimately making it easier and more convenient for customers to make purchases. But what impact does accepting credit and debit cards have on business in the UK? To what extent are cards used to make payments, and what does the future of card payments look like? We set out to answer those questions and show the impact of card acceptance in the UK, and found some interesting stuff with the help of The UK Card Association. Whereas we were well aware that card spending has more than doubled in the last decade, we discovered that credit and debit cards are now used for 3 in every 4 pounds spend in shops in the UK and that 10.7 billion card payments were taken in the UK in 2013. We're talking big, big numbers. For more interesting facts and figures, check out our handy new infographic, and find out more about how credit cards and debit cards are ruling the UK.
