Even in eight or nine years’ time, 30 per cent of the transactions in the country will still be cash based.iEJFW Committee, Official Report, 5 June 2018, col 27
Figure 1: Payment volumes (millions) 2007 to 2027https://www.ukfinance.org.uk/wp-content/uploads/2018/06/Summary-UK-Payment-Markets-2018.pdf https://www.ukfinance.org.uk/wp-content/uploads/2018/06/Summary-UK-Payment-Markets-2018.pdfCash however remains the second most frequently used payment method, accounting...