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UK Card Expenditure Statistics: April 2017

Total card spending reached £58.0 billion in April, an increase of £306 million on March, and up from £52.6 billion in April 2016.

  • The number of card purchases increased to 1.4 billion, a 1.2 per cent rise on March. Contactless payments accounted for 30 per cent of all card purchases in April.
  • The average transaction value fell to the lowest level since October 2000, at £41.86.
  • Retail card spending totalled £26.5 billion in the month, an increase of £201 million on March. The largest increases in spending came from food and drink, where spending reached a milestone of £10.0 billion in a single month, after increasing by £103 million on March.
  • Service sector card spending rose to £31.6 billion in April, up by £105 million in the month.
  • The debit and credit card share of total retail sales was 78.4 per cent in April.
  • The largest monthly increases in card spending was recorded at amusement parks (up 143 per cent), aquariums (up 100 per cent) and tourist attractions (up 51 per cent), coinciding with Easter and the half term holiday.

Richard Koch, Head of Policy at The UK Cards Association, said:

“The average amount spent in a card transaction is now at the lowest level in over 16 years. This is clear sign of how contactless technology is changing the way people pay, with consumers choosing cards over cash for lower value purchases.”

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