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RSS FeedsRevealed: Cash eclipsed as Britain turns to digital payments
(The Guardian Money News)

 
 

19 february 2018 15:56:48

 
Revealed: Cash eclipsed as Britain turns to digital payments
(The Guardian Money News)
 


Notes and coins set to fall to just 21% of sales by 2026, raising questions for those who rely on the cash economyBritain will move beyond `peak cash` this year, according to data gathered by the Guardian that suggests notes and coins are rapidly being supplanted as the favoured payment method, particularly in cities.Debit cards are set to overtake cash as the most frequently used payment method in the UK later this year, according to UK Finance, which represents leading finance and banking firms. Continue reading...


 
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