Cash made up just 23% of transactions in 2019 as contactless boomed

Cash was used for less than a quarter of all payments last year for the first time ever, new figures show, as people frequently choose debit cards and contactless to make payments instead. The percentage of all payments made using banknotes and coins fell to 23 per cent in 2019, according to trade body UK … Read more

Contactless limit raised to £45 to help cut down on cash usage

Contactless limit raised to £45 in an effort to help customers cut down on cash usage By Daily Mail City & Finance Reporter Published: 21:51 GMT, 23 March 2020 | Updated: 21:51 GMT, 23 March 2020 Payment providers across the UK have upped their contactless payment limits to £45 Payment providers across the UK have … Read more