UK to move beyond ‘peak cash’ this year

Revealed: Cash eclipsed as Britain turns to digital payments — The Guardian — “Debit cards are set to overtake cash as the most frequently used payment method in the UK later this year… In 2006, 62% of all payments in the UK were made using cash; in 2016 the proportion had fallen to 40%. By 2026, it is predicted cash will be used for just 21%.”

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