Only one in 12 adults ‘still uses coins and banknotes all of the time’
4 months, 1 week ago

Only one in 12 adults ‘still uses coins and banknotes all of the time’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Only one in 12 people still uses physical cash “all of the time,” a survey suggests. Cash remains important for many of our customers Mark Brant, NatWest Nearly two-fifths of those questioned by Savanta said they would be likely to use a product that gave them change from cash transactions on a mobile app or card, rather than in coins, for easier spending and saving. Mark Brant, chief payments officer at NatWest, said: “Cash remains important for many of our customers, and there’s an important job for us to support those who continue to use cash, as payments and services become increasingly digital.” More than 2,000 people were questioned across the UK in August and September.

History of this topic

50% of people ‘recently visited places which did not accept or discouraged cash’
3 months, 2 weeks ago
Use of physical cash one for the up for first time in at least a decade
1 year, 3 months ago
Banks to be fined if they fail to provide free cash machines that actually work
1 year, 7 months ago
Could a few minutes of money admin leave you be better off?
1 year, 9 months ago
Liz Truss vows to protect right to use cash amid growth in contactless payments
2 years, 7 months ago
Two in five ATM users ‘using cash to help themselves budget’
2 years, 8 months ago
Cash ‘will be used for just 7% of in-store purchases by 2024’
3 years, 9 months ago
‘Cash crash’: One in three people blocked from paying with notes and coins during pandemic
4 years, 2 months ago
Free cashpoints vanishing from high streets at 'alarming rate', consumer group warns
5 years, 10 months ago
Why I won’t celebrate the idea of a cashless society
6 years, 7 months ago
Cashless society looms as debit cards jump into lead
6 years, 9 months ago
Visa offers businesses incentive to only accept card and digital payments
7 years, 8 months ago
Firms continue to hoard cash despite UK recovery
11 years, 6 months ago

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