Following the launch today of our new Payment Markets report, our Head of Research @AdrianBuckle explores how payment behaviours changed in 2021. Read his blog post here: https://t.co/cp4iPgu8Ed
Over a long period, consumers have increasingly been turning away from cash in favour of using debit cards instead. @AdrianBuckle, Head of Research, UK Finance, analyses the impact of Covid-19 on the way cash was used in the UK in 2020. Read his blog here: https://t.co/Knm74jIJr1
The lockdowns of 2020 reduced consumer spending in many sectors. However, in terms of #payment methods, the impact was perhaps most felt in the use of #cash. See the new @UKFtweets report ‘UK Payment Markets’ for more information.
In our latest video, Adrian Buckle, our Head of Research, explains why #cash was accounted for just 17 per cent of payments in the UK in 2020.
Download our Payment Markets 2021 (free to select members) here: https://t.co/BRftdOupV6
Or purchase here: https://t.co/hMfxGXYNrJ
Contactless now accounts for more than a quarter of UK payments.
Watch Adrian Buckle our Head of Research discuss how we pay for things changed during the Covid-19 pandemic.
Download our Payment Markets 2021 (free to select members) here > https://t.co/BRftdOupV6
Our latest Payment Markets report published today highlights changes in the type of payments people in made in 2020, with a growth in contactless payments, mobile payments, internet banking and a reduction in cash usage.
Full quote and details here: https://t.co/DKJFePelm8
Last year for the first time, cards were used for more than half of all payments in the UK. For more findings from the new @UKFtweets report 'UK Payment Markets 2020' see https://t.co/F2gUw5Xo1c
On the blog today, @AdrianBuckle, Principal, Head of Research at UK Finance, discusses the long-term payment trends emerging from today's publication of our UK Payment Markets 2020 report.
See here for more: https://t.co/LPM4jQZiVr
Our new report UK Payment Markets 2020 has been published today, revealing the latest changes to how we pay for things and manage our finances in the UK. Free summary of key findings available at https://t.co/hbMiy3OJa5
Card payments accounted for 51 per cent of all payments in the UK in 2019, while cash payments decreased by 15 per cent to 9.3 billion payments, accounting for just under a quarter of all payments in 2019 UK Finance today revealed.
See here for more: https://t.co/l4y9Z7SOsx
The spending limit on contactless payments is to be increased from £30 to £45 from 1 April 2020. Find out more about it on our Contactless Limit FAQs page here: https://t.co/rHMZv0xSkb
Whether you're a digital purist or a cash holdout, you can't deny the innovation in the way we pay for things over the past 10 years. Where is it taking us?
The latest episode of @TheEIU#DigitalEconomy podcast examines the future of payments.
Listen to Adrian Buckle, our Principal, Head of Research guesting on this month’s “Digital Economy” podcast from The Economist, discussing the future of payments @TheEIU https://t.co/iAZn8Ylwj6 https://t.co/wr3krP55dI
Excited to be a guest on The Economist’s “Digital Economy” podcast this month, discussing the future of payments @UKFtweets@TheEIU https://t.co/10bXxmITAi https://t.co/7saZjwwPme
On @ITV's “Cash Free Britain” last night, our CEO Stephen Jones spoke about how the banking and financial industry is committed to ensuring access to cash remains free and widely accessible for those that continue to need it.
Watch the programme here: https://t.co/HZJDeImCsP
Today @UKFtweets published UK Cash & Cash Machines 2019, providing detailed insights into how we use cash and how we get hold of our cash – including 10-year forecasts for the future of cash in the UK.
Find the free summary here: https://t.co/VDKaLkexLW
Today's figures from @UKFtweets show a fall in use of cash. Forecasts suggest cash may represent under one in ten payments by 2028. It is vital now to reform how cash is distributed to maintain broad, free access for all consumers. https://t.co/pshKrtCtaW