Value of real time payments in the United Kingdom (UK) with local scheme Faster Payments (FP) from 2008 to 2024
(in million GBP, and estimates in U.S. dollars)
Characteristic
Transaction volume in million British pound
Transaction volume in million U.S. dollars
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
The chart is not accessible to screen readers. Please switch to the table view to access the data.
You need a ÌÇÐÄÆƽâ°æ Account for unlimited access
Instant payments using Faster Payments or FP in the United Kingdom were ** percent higher in 2022 than in the previous year. The value of **** trillion British pounds recorded that month was worth approximately **** trillion U.S. dollars, putting the country slightly above the instant payment spending of Brazil, using Pix. The Faster Payment Scheme (FPS) is a payment service that enables the quick and secure transaction of mobile, internet, telephone and standing order payments, and is exclusive to the United Kingdom. It is not part of the Europe's scheme for instant payments called SCT Inst - an abbreviation of SEPA Instant Credit Transfer.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
ÌÇÐÄÆƽâ°æ. (May 5, 2025). Value of real time payments in the United Kingdom (UK) with local scheme Faster Payments (FP) from 2008 to 2024 (in million GBP, and estimates in U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/291922/value-of-total-payments-through-fps-in-the-united-kingdom/
ÌÇÐÄÆƽâ°æ. "Value of real time payments in the United Kingdom (UK) with local scheme Faster Payments (FP) from 2008 to 2024 (in million GBP, and estimates in U.S. dollars)." Chart. May 5, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/291922/value-of-total-payments-through-fps-in-the-united-kingdom/
ÌÇÐÄÆƽâ°æ. (2025). Value of real time payments in the United Kingdom (UK) with local scheme Faster Payments (FP) from 2008 to 2024 (in million GBP, and estimates in U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/291922/value-of-total-payments-through-fps-in-the-united-kingdom/
ÌÇÐÄÆƽâ°æ. "Value of Real Time Payments in The United Kingdom (Uk) with Local Scheme Faster Payments (Fp) from 2008 to 2024 (in Million Gbp, and Estimates in U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 5 May 2025, /statistics/291922/value-of-total-payments-through-fps-in-the-united-kingdom/
ÌÇÐÄÆƽâ°æ, Value of real time payments in the United Kingdom (UK) with local scheme Faster Payments (FP) from 2008 to 2024 (in million GBP, and estimates in U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/291922/value-of-total-payments-through-fps-in-the-united-kingdom/ (last visited August 04, 2026)
Value of real time payments in the United Kingdom (UK) with local scheme Faster Payments (FP) from 2008 to 2024 (in million GBP, and estimates in U.S. dollars) [Graph], ÌÇÐÄÆƽâ°æ, May 5, 2025. [Online]. Available: /statistics/291922/value-of-total-payments-through-fps-in-the-united-kingdom/
