Cash

‘Click & collect cash’ service to be rolled out to more UK locations after successful pilot

July 13, 2021

The UK’s first ‘click & collect cash’ trial is set to be rolled out to more locations across the country following “fantastic” feedback. The trial, which was launched in Burslem…

Cash usage plummeted 35 per cent last year as the pandemic drove “some marked changes in payments behaviour”.

Cash usage plummeted 35% last year as contactless and mobile payments skyrocket

Industry Payment

cards Cash Contacless Mobile payments UK Finance

June 17, 2021

Ben Stevens

Cash usage plummeted 35 per cent last year as the pandemic drove “some marked changes in payments behaviour”. Physical cash was used to make 6.1 billion payments in the UK…

Cash will be almost entirely abandoned in the UK by 2024 as the pandemic saw the use of physical currency drop by 11 per cent.

The UK will be almost cashless by 2024

Payment

Cash cashless FIS Worldpay

June 2, 2021

Ben Stevens

Cash will be almost entirely abandoned in the UK by 2024 as the pandemic saw the use of physical currency drop by 11 per cent. New data from payments giant…

A new “coinless, not cashless” app is being trialled in the UK allowing retailers, pubs and restaurants to continue accepting cash without dealing with small denomination coins.

New “coinless, not cashless” app Shrap being tested in the UK

Mobile & Apps Payment

Cash coins Digital Wallet money Shrap

May 14, 2021

Ben Stevens

A new “coinless, not cashless” app is being trialled in the UK allowing retailers, pubs and restaurants to continue accepting cash without dealing with small denomination coins. British start-up Shrap…

John Lewis, Aldi, Asda, Co-op, Lloyds Pharmacy and Waitrose have all signed up to a new cash acceptance pledge committing to continued accepting cash payments.

John Lewis, Asda, Aldi and Lloyds Pharmacy sign up to “cash-friendly pledge”

Payment

Aldi Asda Cash John Lewis payment Waitrose Which?

May 13, 2021

Ben Stevens

No Comments

John Lewis, Aldi, Asda, Co-op, Lloyds Pharmacy and Waitrose have all signed up to a new cash acceptance pledge committing to continued acceptance of cash payments. The campaign is being…

PayPal chief executive Daniel Schulman believes there will be a "tremendous decline in the use of cash" within the next 10 years, according to an interview with Time Magazine.

PayPal CEO predicts “tremendous decline in the use of cash” within the next 10 years

Industry News

Bitcoin Cash cryptocurrency Ethereum Paypal

April 27, 2021

George Iddenden

PayPal chief executive Daniel Schulman believes there will be a “tremendous decline in the use of cash” within the next 10 years, according to an interview with Time Magazine. Schulman…

The majority of UK retailers want to go entirely cashless, removing the option to pay by physical currency entirely.

52% of UK businesses want to do away with cash entirely

Payment

Cash Contactless Digital Payments moneyadviceservice.com

March 31, 2021

Ben Stevens

No Comments

The majority of UK retailers want to go entirely cashless, removing the option to pay by physical currency entirely. Over half of UK businesses would like to see cash payments…

Contactless payment limits could soon jump to £100 as the coronavirus pandemic forces a dramatic change in “behaviour in how people pay”.

Contactless spending limit officially rises to £100

Payment

card Cash Contactless Fujitsu Limit Spending

March 3, 2021

Ben Stevens

No Comments

Contactless spending limits will rise from £45 to £100 in a bid to boost spending on the UK’s struggling high streets. The contactless spending limit has now more than tripled…

Shoppers could soon be paying for goods with a new state backed-digital currency as the Treasury and the Bank of England launch a ‘central bank digital currency’ (CBDC) taskforce.

UK will soon use government backed digital “e-pounds” and be cashless within a decade

Payment

Cash digital currency e-pounds John Howells link

March 1, 2021

Ben Stevens

UK shoppers will be using “e-pounds” by 2024 as the country transitions to a cashless society and physical money is abandoned. John Howells, head of the UK’s largest cash machine…

A new “click & collect cash” service is set to be trialled next month in the latest efforts to ensure vulnerable communities still have access to physical money.

New ‘click & collect cash’ pilot to be launched next month for vulnerable shoppers

Payment

BRC British Retail Consortium Cash click & Collect Loomis Sonect

February 16, 2021

Ben Stevens

A new “click & collect cash” service is set to be trialled next month in the latest effort to ensure vulnerable communities still have access to physical money. The “Cash…

Cash

‘Click & collect cash’ service to be rolled out to more UK locations after successful pilot

Cash usage plummeted 35% last year as contactless and mobile payments skyrocket

The UK will be almost cashless by 2024

New “coinless, not cashless” app Shrap being tested in the UK

John Lewis, Asda, Aldi and Lloyds Pharmacy sign up to “cash-friendly pledge”

PayPal CEO predicts “tremendous decline in the use of cash” within the next 10 years

52% of UK businesses want to do away with cash entirely

Contactless spending limit officially rises to £100

UK will soon use government backed digital “e-pounds” and be cashless within a decade

New ‘click & collect cash’ pilot to be launched next month for vulnerable shoppers

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