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    News in brief

    UK cash payments fall to 48%

    News in brief

    The total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year, marking the first time that non-cash payments have exceeded those made with cash, the Payments Council reports. Some 52% of consumers continued to use cash for more than half of their transactions in 2014, however, and “there is no prediction for cash to disappear”.

    Filed by Email Rian Boden nfcworld.com Published • Last updated 22 May 2015, 14:32

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