Payments News -

Brits ditch cheques as Fast Payments gathers momentum

The total value of cheques cleared in the UK in the second quarter fell a massive 20% compared to the same period in 2008, as Brits continued to turn to debit cards. According to the UK Payments Administration, the value of all cheques cleared, including those issued by companies, fell by 20.9% to £219.23 during [...]

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