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UK card spend tops £0.5 trillion for first time

UK card spend tops £0.5 trillion for first time

Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by the UK Cards Association. Around 74.5% of all retail spending is now made using debit and credit cards, up from less than half (46.5%) [...]

The post UK card spend tops £0.5 trillion for first time appeared first on Payments Cards & Mobile.

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