Mark Mason
Well-known member
Over 95% of UK Still Carries Cash Showing Stalling of “Cashless Society”
Nearly the entire United Kingdom carries cash, indicating that its citizens may feel some needs unfulfilled by banking and payment apps.
According to a report by the Post Office, the vast majority of the country, around 95%, still carried cash, with the average wallet containing at least £26. Fewer than 10% were ready to transition to a cashless society. Additionally, over 20% actually preferred using cash for certain purposes and purchases, illustrating that payment apps may not have served all needs required for consumers to trust them completely.
Read more - https://www.dashforcenews.com/over-95-of-uk-still-carries-cash-showing-stalling-of-cashless-society/
Nearly the entire United Kingdom carries cash, indicating that its citizens may feel some needs unfulfilled by banking and payment apps.
According to a report by the Post Office, the vast majority of the country, around 95%, still carried cash, with the average wallet containing at least £26. Fewer than 10% were ready to transition to a cashless society. Additionally, over 20% actually preferred using cash for certain purposes and purchases, illustrating that payment apps may not have served all needs required for consumers to trust them completely.
Read more - https://www.dashforcenews.com/over-95-of-uk-still-carries-cash-showing-stalling-of-cashless-society/