Technology
40% of consumers opt for cashless payments despite 2.6% surge in cash usage
Additionally, cash accounted for 12% of all payments made in the UK during 2023, down from 14% in 2022
Almost four out of 10 UK adults (39%) were living largely cashless lives during 2023, despite the number of people mainly using cash in 2023 rose to 2.6%, according to UK Finance’s latest Payment Markets Report, produced in collaboration with Accenture.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
