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Five Million People Still Use Cash. Digital Payments Are Moving On Without Them
Cash transactions are disappearing fast in the UK, but five million people still rely on cash payments. That tension sits at the heart of this episode.
In my conversation with John Howells, Chief Executive of LINK, we explore the sharp fall in cash use, from six in ten payments a decade ago to fewer than one in ten today, and the consequences that follow. For most people, digital payments bring convenience and choice. For others, the elderly and those less comfortable with technology for instance, the pace of change creates real risk.
John explains that cash infrastructure declines faster…
The skinny
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