Cash

Cash Contactless Digital Payments moneyadviceservice.com

March 31, 2021

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

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March 3, 2021

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

Cash digital currency e-pounds John Howells link

March 1, 2021

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

BRC British Retail Consortium Cash click & Collect Loomis Sonect

February 16, 2021

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…

Morrisons and Co-op stores face chaos as card payment systems go down

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January 26, 2021

Morrisons and Co-op stores across the country have seen their card payment systems go down causing chaos as customers are forced to pay with cash for the first time in…

Thousands of shoppers “leaving food and medicine behind” because they can’t pay with cash

Access to Cash Review Cash Digital Payments Which?

October 28, 2020

UK shops are “discriminating against a large section of society” by not accepting cash during the coronavirus epidemic, leaving many unable to buy groceries or medicine. Consumer watchdog Which? has…

Charged’s Top 5 Stories of the Week – Online scams skyrocket, Amazon pays for data and China dominates ecommerce

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Amazon Cash John Lewis Klarna Paypal

October 23, 2020

You can read all these stories below: Amazon will now pay shoppers $10 for data on what they’re buying 58% of global online sales are made from just 6 companies,…

Charged’s Top 5 Stories of the Week – Klarna is being investigated by ICO, Prime Day breaks records and John Lewis shifts online

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Amazon Cash John Lewis Klarna Paypal

October 16, 2020

You can read all these stories below: PayPal launches “buy now, pay later” scheme in the UK for items up to £2000 Klarna to be investigated by ICO after sending…

Retailers’ could soon replace cash machines in the UK offering withdrawals without a purchase

BRC British Retail Consortium Cash Machine

October 15, 2020