UK: Cash transactions rise for the first time in 10 years.

[unknown]

Hoping this behavior will be encouraged and continue to increase.

Although debit card use is far beyond both cash and credit cards.

I dont even get debit card use. Why give people direct access to your bank accounts?


https://www.bbc.com/news/business-66796263

Cash payments rise for first time in 10 years.

In another attempt to manage limited budgets, the number of payments made using physical cash increased by 7% last year, compared with 2021, to 6.4 billion payments.

It was the second most popular method of payment, but still only accounted for 14% of the overall total, having been dwarfed by card use.

The Post Office network said it had seen the highest number of cash transactions on record between June and August. Many of its counters are being used by those who prefer cash, when bank branches have closed in certain areas.

 

[Anti Globalist]

I've been using cash transactions ever since I first got my debit card.