Statistics

Last Month:

  • In September, Faster Payments processed 138.7 million payments, which is a 13% increase on the amount processed in September 2016.
  • These payments amounted to a total of £118 billion for the month. This is a 16% increase on September 2016's total.

 

Last Quarter:

  • Q3 of 2017 saw 411 million payments processed by Faster Payments, a 13% increase on the amount processed in Q3 for 2016.
  • The total amount of payments processed during this quarter was £354 billion, which is a 17% increase on 2016 Q3 's total.

 

Last Year:

  • 2016 saw Faster Payments break the record for the highest amount of payments processed in a single year.
  • 2015 saw 1.2 billion payments processed, whereas in 2016 the figure grew to over 1.2 billion.
  • In total, there were 179 million more payments processed than in 2015. This is an increase of 14%.
  • Faster Payments broke the record in 2016 for the number of payments processed in a single year.
  • £1.0 trillion was transferred via Faster Payments in 2015. In 2016 however, over £1.2 trillion was transferred.
  • In total, the amount processed in 2016 rose by £148.3 billion compared to 2015. This is an increase of 14%.

 

FPS Volumes for the previous 12 monthsFaster Payments monthly volumes statistics

 

FPS Values for the previous 12 monthsFaster Payments monthly Value Statistics

Related Content
Payment Statistics Monthly Updated to April 2017 Download
Historical Statistics  Updated to April 2017 Download
Quaterly payment statistics Q1 2017 Download
Annual summary of payment statistics Annual Summary 2016 Download