Faster Payments now UK’s second most-used payment method

Mobile payments up in UK but debit cards remain king—for now

Debit cards remain the U.K.’s most-used payment method as remote banking and contactless services continue to gain popularity, according to UK Finance. The post Mobile payments up in UK but debit cards remain king—for now appeared first on CoinGeek.

Digital payments continue to grow - Credit Connect

The UK is increasingly embracing digital payments, with 91% of adults using online, mobile, or telephone banking in 2025, up from 88% in 2024, according to UK Finance’s Payment Markets Report. The analysis shows that mobile banking is the preferred method for 75% of adults. Cards and digital payments continue to dominate consumer spending. Debit cards accounted for more than half of all payments in 2025, remaining the UK’s most‑used payment meth…

Faster Payments now UK’s second most-used payment method

Debit cards still dominate 64% card share, but volume growth slows as UK Finance reports a rise in Faster Payments use UK consumers and businesses made 49.7 billion payments in 2025, excluding CHAPS, a 2% rise on the previous year, according to UK Finance’s UK Payment Markets 2026 report, with Faster Payments now the second most-used payment method. Debit cards remained the most used method, with 26.6 billion payments, or 54% of the total. Card …