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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 Published • Last updated 22 May 2015, 14:32

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