Business

Card payments overtake cash for the first time in the UK

Cards have overtaken cash as Britain’s most frequently used method of payment, thanks to the rise in contactless cards.

Steve Newton, executive vice president, UK and Europe of Worldpay, said the UK has passed “a major milestone on its journey to a more digital future”, adding that “the popularity of contactless has been a major factor driving this growth, making cards the quick and convenient choice for many UK shoppers”.

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