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The Independent UK
The Independent UK
National
Vicky Shaw

‘Cash use plunged in 2021 as shoppers turned to cards’

PA Archive

The proportion of payments made using cash halved in 2021, compared with the previous year, according to figures from the British Retail Consortium (BRC).

In 2021, as stores closed for lockdowns and people increasingly turned to contactless payments, cash usage fell to just 15% of all transactions – down from 30% in 2020.

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