Tag Archive: cashless

The future is cashless

Posted 29th October 2019 at 4:51 pm

cashless

In 2017, debit cards overtook cash as the number one retail payment method in the UK, aided by the rise of contactless technology. Being able to tap and go makes contactless more convenient than either cash or chip & pin payments, and with phone payment now available you don’t even need to get your wallet out!   At the current rate of decline, the British Retail Consortium predicts that cash use would end in 2026, which feels extremely soon! However, as the shift to a cashless society is a big step, it is likely that we will see cash being... Read more