Regulation (EU) No 1409/2013 of the European Central Bank of 28 November 2013 on payments statistics (ECB/2013/43) (c. 1409)

ANNEX I U.K. GENERAL STRUCTURE OF PAYMENTS STATISTICS

PART 2 U.K. SPECIFIC FEATURES IN TABLES 2 TO 7

Part 2.3 U.K. Payment transactions involving non-MFIs (Table 4)

Card payments U.K.

24. Payment transactions with cards issued by resident PSPs are reported, regardless of the location of the brand under which the payment transaction has been made. U.K.

25. Transactions reported by payment service includes data on card transactions at virtual points of sale, e.g. over the internet or the telephone. U.K.

26. Payment transactions are performed using cards with a debit, credit or delayed debit function at a terminal or via other channels. The following breakdown of card payment transactions are reported: U.K.

(a)

‘payments with cards with a debit function’;

(b)

‘payments with cards with a delayed debit function’;

(c)

‘payments with cards with a credit function’;

(d)

‘payments with cards with a debit or delayed debit function’;

(e)

‘payments with cards with a credit or delayed debit function’.

27. The sub-categories ‘payments with cards with a debit or delayed debit function’ and ‘payments with cards with a credit or delayed debit function’ are only reported if the specific card function cannot be identified. U.K.

28. Each transaction is allocated to only one sub-category. As the sub-categories are mutually exclusive, the total number of card payments is the sum of the sub-categories. The same principle applies to the total value of card payments. U.K.

29. Payment transactions with cards are also split into ‘initiated at a physical EFTPOS’ and ‘initiated remotely’. As the sub-categories are mutually exclusive, the total number of card payments is the sum of the sub-categories. The same principle applies to the total value of card payments. U.K.

30. Card payments with cards issued by resident PSPs which only have an e-money function are not included. U.K.