More than two thirds of UK consumers (68%) believe that cashless technologies will completely replace physical money by 2036, research released by the Mayor of London’s promotional company London & Partners reveals. The figure is higher in London, where three quarters of people believe cash will disappear within 20 years. The research is based on 2,000 respondents and has been released to coincide with London Technology Week, hosted by London & Partners and MasterCard.
- Chinese province uses Alipay QR codes for citizen ID
- Facebook to launch Messenger payments in India
- Walmart equips garden centre staff with mobile checkout devices
- Chevrolet and Shell let drivers pay for fuel and access offers from their vehicles
- US supermarket chain Meijer to launch mobile self-checkout service