Digital payments continue to grow as mobile wallets become more popular across the UK
What's happening
The UK payments market is shifting toward digital and mobile channels, with consumers making almost 50 billion payments and mobile wallets gaining popularity. Cards still dominate overall volumes, but mobile wallets and account-to-account transactions have grown, and nearly two thirds of the population are registered with at least one mobile wallet provider. Cash use is declining more slowly even as mobile payments rise, and merchants are driving part of the digital transaction growth.
Why it's trending
Multiple industry reports and press pieces all show rising mobile wallet adoption and stronger digital payment volumes in the UK right now.
Signal2.6× its usual volume, confirmed across 1 independent source type.
Momentum
Score per dayStory volume
Stories per dayAngles you could write
If nearly two thirds of Brits have a mobile wallet, why are debit cards still calling the shots? Challenge the story that mobile first means card second, merchants and A2A shifts are the real disruptors here.
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Original sources11
- UK Digital Payments reach new high as trends shift
The UK payments market continued its shift towards digital and mobile channels in 2025, with consumers making almost 50 billion payments as mobile wallets and account-to-account transactions gained further ground.... read more The post UK Digital Payments reach new high as trends shift appeared first on Payments Industry Intelligence .
Payments Industry IntelligenceAug 20 - Mobile payments up in UK but debit cards remain king—for nowCoinGeekAug 20
- Digital payments continue to growcredit-connect.co.ukAug 20
+8 more sources for this topic
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