Statistics

Last Month:

  • In January, Faster Payments processed 186.1 million payments, which is a 13% increase on the amount processed in January 2018.
  • These payments amounted to a total of £161 billion for the month. This is an 11% increase on January 2018's total.

 

Last Quarter:

  • Q4 of 2018 saw 561 million payments processed by Faster Payments, a 23% increase on the amount processed in Q4 for 2017.
  • The total amount of payments processed during this quarter was £456 billion, which is a 20% increase on 2017 Q4 's total.

 

Last Year:

  • 2018 saw Faster Payments break the record for the highest amount of payments processed in a single year.
  • 2017 saw 1.7 billion payments processed, whereas in 2018 the figure grew to over 2.0 billion.
  • In total, there were 387 million more payments processed than in 2017. This is an increase of 23%.
  • Faster Payments broke the record in 2018 for the number of payments processed in a single year.
  • £1.4 trillion was transferred via Faster Payments in 2017. In 2018 however, over £1.7 trillion was transferred.
  • In total, the amount processed in 2018 rose by £309.4 billion compared to 2017. This is an increase of 22%.

 

FPS values for the previous 12 months

 

 

 

FPS volumes for the previous 12 months

 

 

 

FPS volumes since launch

 

 

Related Content
Payment Statistics Monthly Updated to December 2018  Download
Historical Statistics  Updated to December 2018   Download
Quarterly payment statistics Q3 2018  Download
Annual summary of payment statistics Annual Summary 2018  Download