Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Retail Payment Options - UK market, and the behaviours, preferences and habits of the consumer.
Mintel has the answers you’re looking for
What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Covered in this report
2018 was the first year that debit card transactions exceeded those of cash, as the steady roll-out of contactless technology made low-value card payments faster and more convenient. People are using cash less often but their emotional attachment to it remains; 63% carry cash all or most of the time while people’s preference for paying in cash varies significantly across the country.
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Expert analysis from a specialist in the field
Written by Thomas Slide, a leading analyst in the Financial Services sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
The way we pay is changing, with fewer cash transactions and new payment methods emerging. These new payment methods better reflect changes in shopping habits by allowing people to delay payment for online purchases until after they’ve received the item or split the cost to ease the pressure on household finances. While there are currently more card payments than ever before, the emergence of new ways to pay makes it entirely possible that we will reach a cardless economy, before we see a cashless one Thomas Slide
Financial Services Analyst
Table of contents
Table of contents
About the report
This report will give you a complete 360-degree view of your market. Not only is it rooted in robust proprietary and high-quality third-party data, but our industry experts put that data into context and you’ll quickly understand:
What They Want. Why They Want It.
Who’s Winning. How To Stay Ahead.
Size, Segments, Shares And Forecasts: How It All Adds Up.
New Ideas. New Products. New Potential.
Where The White Space Is. How To Make It Yours.
What’s Shaping Demand – Today And Tomorrow.