The graph illustrates compares the number of non-cash transactions in the United Kingdom over the period 1991 to 2001 such as cheques, debit, credit, and charge cards transactions. It is apparent that there are two basic trends which is upward and downward trend.
Looking initially at the dominant trend, the most sharply feature can be seen is the steep rise of the volume transactions using debit cards reached over 5 billion. Meanwhile, credit and charge cards showed a gradually rise between 1991 and 2004 from 0. 75 billion thereafter since 2004 steadly 1. 9 billions transaction. On other hand, cheque operations declined steadly approximately from 2. 2 to 0. 9 billion over the whole period
In conclusion, there has been such a big difference between the ends of period. Cheques were used mostly at the beginning 1991 compare to others methods of payments but the ends of the period were used fewest. Then, suddenly, debit cards grew steeply exceeding amount others in the last year of the reported.
The graph illustrates compares the number of non-cash
transactions
in the United Kingdom over the period 1991 to 2001 such as
cheques
, debit, credit, and charge
cards
transactions
. It is apparent that there are two basic trends which is upward and downward trend.
Looking
initially
at the dominant trend, the most
sharply
feature can be
seen
is the steep rise of the volume
transactions
using debit
cards
reached over 5
billion
. Meanwhile, credit and charge
cards
showed
a
gradually rise
between 1991 and 2004 from 0. 75
billion
thereafter since 2004
steadly
1. 9
billions
transaction
. On other hand,
cheque
operations declined
steadly
approximately from 2. 2 to 0. 9
billion
over the whole period
In conclusion
, there has been such a
big
difference between the ends of period.
Cheques
were
used
mostly
at the beginning 1991 compare to others methods of payments
but
the ends of the period were
used
fewest. Then,
suddenly
, debit
cards
grew
steeply
exceeding amount others in the last year of the reported.