Cash Transaction Usage On The Rise (Despite The Banks’ Best Worse Efforts)!

July 24, 2024 • 00:08:51
Cash Transaction Usage On The Rise (Despite The Banks’ Best Worse Efforts)!
Digital Finance Analytics (DFA) Blog
Cash Transaction Usage On The Rise (Despite The Banks’ Best Worse Efforts)!

Jul 24 2024 | 00:08:51

/

Show Notes

A new report from the Finance Industry Peak Body, UK Finance, which represents more than 300 firms in the UK, reveals that cash remained the second most popular payment method, after debit cards – with an estimated three million people still relying on it. Their research suggests 1.5 million mainly used cash in 2023, up from 900,000 the previous year. This was it appears an unexpected jump in the number of people who mainly use notes and coins for their daily spending, despite all the propaganda that the UK moving closer to becoming a cashless society. A UK Finance spokesperson […]
Previous Episode
Next Episode

Other Episodes

Episode

October 09, 2024 • 00:09:06
Episode Cover

Is The RBA About To Pivot On Interest Rates?

The RBA after the September monetary policy meeting suggested that the official cash rate would remain on hold for the foreseeable future, noting that...

Listen

Episode 0

August 10, 2020 • 00:12:14
Episode Cover

Glorious Scenarios - The DFA Daily 10th August 2020 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. Tomorrow's Live Q&A: https://youtu.be/O4COFPIinhI

Listen

Episode 0

October 21, 2020 • 01:31:23
Episode Cover

DFA Live Replay Household Finance Confidence 20 October 2020 [Podcast]

This is an edited version of our latest live stream event.   The original edition, with live chat replay is also available here:   https://youtu.be/wKL1KHLy6V0?t=1943

Listen