Lloyds Bank: 90% of debit transactions now contactless
New figures from Lloyds Bank claims there has been a huge spike in the use of contactless payments on debit cards rising from 65% in June 2019 …
Category: Information
Report: An update on the UK payments market
In the last couple of years the global Covid-19 pandemic and associated lockdowns have led to significant changes in patterns of the UK payments market. …
Financial inclusion drives traffic at ATMs for cash withdrawals
Customers around the world made 69 billion cash withdrawals in 2021. This marks a small increase on 2020, a year with particularly low demand for …
Which countries are most reliant on cash and which are least reliant
Since Merchant Machine’s analysis of the countries most reliant on cash in 2021, countries around the world have seen further changes in their payment methods. In …
Cash returns to top of wallet as cost of living starts to bite
UK consumers are switching back to cash in a bid to keep tighter control on their spending as living costs soar, according to new research …
Report: Cash and cards still king, trust an issue with wallets
A new study from leading European payment specialists Transact Payments reveals Brits overwhelmingly prefer to carry cash and use cards. …