Coronavirus 'will hasten the decline of cash'

Wed, Apr 29th 2020, 05:00 PM

The lockdown has led to a 60% fall in the number of withdrawals from cash machines, although people are taking out bigger sums.

Payment card use has risen with online shopping, particularly for groceries.

Experts say the long-term future of cash could be at risk, before the UK is ready to cope with the change.

This could leave behind an estimated 20% of the population who rely on cash, they say.

Read MORE

BBC NEWS

 Sponsored Ads