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Cash usage shrinks to below 10% for first time on record as britons turn to mobile phones to make payments

Cash usage shrinks to below 10% for first time on record as Britons turn to mobile phones to make payments

Cash usage shrinks to below 10% for first time on record as Britons turn to mobile phones to make payments

Cash was used for nearly half of all transactions a decade ago, before sliding to 23% in 2019, the UK Finance reports shows.Read More

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September 30, 2025
In Mainstream