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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 to 87% in 2022. Despite... read more
The post Lloyds Bank: 90% of debit transactions now contactless appeared first on Payments Cards & Mobile.
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. Lockdowns resulted in large sections... read more
The post Report: An update on the UK payments market appeared first on Payments Cards & Mobile.
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 cash as COVID-19 lockdowns kept... read more
The post Financial inclusion drives traffic at ATMs for cash withdrawals appeared first on Payments Cards & Mobile.
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 light of this, the research... read more
The post Which countries are most reliant on cash and which are least reliant appeared first on Payments Cards & Mobile.
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 by the Post Office. Post... read more
The post Cash returns to top of wallet as cost of living starts to bite appeared first on Payments Cards & Mobile.
