Statistics

Last Month:

  • In March, Faster Payments processed 190.7 million payments, which is a 20% increase on the amount processed in March 2018.
  • These payments amounted to a total of £157 billion for the month. This is a 15% increase on March 2018's total.

 

Last Quarter:

  • Q1 of 2019 saw 553 million payments processed by Faster Payments, a 17% increase on the amount processed in Q1 for 2018.
  • The total amount of payments processed during this quarter was £458 billion, which is a 14% increase on 2018 Q1 '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 March 2019  Download
Historical Statistics  Updated to March 2019   Download
Quarterly payment statistics Q4 2018  Download
Annual summary of payment statistics Annual Summary 2018  Download