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UK credit card use falls as retailers call on banks to slash processing charges

UK credit card use falls as retailers call on banks to slash processing charges

There was a sharp fall in UK spending on credit cards last year as cautious customers turned to debit cards and cash, according to figures from the British Retail Consortium (BRC). With Brits wary of spending money they do not have, the proportion of transactions using credit cards fell by 12.9% in a year while [...]

The post UK credit card use falls as retailers call on banks to slash processing charges appeared first on Payments Cards & Mobile.

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