Statistics

Last Month:

  • In August, Faster Payments processed 201.8 million payments, which is a 17% increase on the amount processed in August 2018.
  • These payments amounted to a total of £160 billion for the month. This is an 11% increase on August 2018's total.

 

Last Quarter:

  • Q2 of 2019 saw 594 million payments processed by Faster Payments, a 19% increase on the amount processed in Q2 for 2018.
  • The total amount of payments processed during this quarter was £473 billion, which is a 13% increase on 2018 Q2 '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

 

 

 

 

Related Content
Monthly payment statistics Updated to September 2019  Download
Historical payment statistics  Updated to September 2019   Download
Quarterly payment statistics Q2 2019  Download
Annual summary of payment statistics Annual Summary 2018  Download