Monday, 7 August 2017

Cash no longer king as contactless payments soar in UK stores | Money | The Guardian

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"For years, cards have accounted for the majority of retail spending by value, but 2016 was the first year they also accounted for more than 50% of all transactions. It is also the first time that debit cards have overtaken cash. They now account for 42.6% of all transactions, putting them a whisker ahead of notes and coins, which fell almost five percentage points to 42.3%."

Cash no longer king as contactless payments soar in UK stores | Money | The Guardian

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