May 17, 2010
Based on new figures released Friday, debit and credit card spending in the United Kingdom increased slightly in April.
According to the website Compare and Save, the Barclaycard Retail Card Spending Index noted a rise of 0.8 percent from March. The value of the transactions was 8.9 percent higher than those in April 2009.
The cards were used the most on Friday, April 30th, the Friday before the Bank Holiday weekend, with 12.5 million transactions processed.
"We've seen a much lower increase in retail card spending in April, although it's still positive news for retailers following the 18 percent increase we saw between February and March," said Stuart Neal, head of UK payment acceptance at Barclaycard.