Funeral services spending tops card usage reported by The Guardian

August 21, 2014   //   No Comments

Annual spending on UK debit and credit cards has passed the £0.5 billion mark for the first time, with three in every four pounds spent in British shops now paid on plastic, according to the latest industry figures.

As reported by The Guardian, the data showed that “funeral services” was the number one location for credit card usage in 2013, based on the largest average transaction values. The typical amount put on a credit card to pay for the final send-off of a relative or friend was £1,114 – well ahead of other big-spend areas such as paying a tax bill (£838), “vehicle sales” (£359) and “floor covering stores” (£353).

The full article may be read here.