UK card payments overtake cash, but less bought on credit – Business Insider

In 2016, 50 percent of all payments in the UK were made using cards. People seem more willing to use cards over cash due to various reasons.

“A growing number of retailers have invested in payment technology to accept cards, contactless payments and new payment applications both online and in store,” said Andrew Cregan, a BRC policy advisor.

Source: UK card payments overtake cash, but less bought on credit – Business Insider

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