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The graph shows the general trends non-cash transactions in the UK that was created by cheques, debit and credit card payments methods.
As we can see, most of all transactions were made by consumers with using debit cards through the period 1991 to 2007. Meanwhile, cheques operations declined steadily approximately from 2.3 to 0.9 billion instructions whereas debit cards reached over the 5 billion. In contrast, credit and charge cards transactions rose from 0.7 to 1.9 billion over the whole period.
On the other hand, there has been such a big difference between the ends of a period. Cheques were created mostly at the beginning 1991 compare to others methods of payments. Then, suddenly, debit cards grew steeply exceeding amount others.
In summarize, the graph illustrated that debit cards payments were grown up between 1991 and 1997 whereas cheques disappeared twice in numerous. Moreover, credit and charge card increased steadily reached a pick about 1.9 billion operations in 2004.
graph
