The PSR report that, in May, a Which study found that nearly half of all people who previously used cash for shopping, now pay entirely with a debit or credit card following the outbreak of Covid 19 and a further 25% have replaced some of their cash purchases with cards.
Source: Payments System Regulator and Which UK
How have your cash habits been influenced by the pandemic? Have you formed new ‘sticky’ cashless habits?
The above graphic is contained in a document published by the PSR called: Snapshot of payments in the UK Over Time.
The document is full of useful information and is worth checking out.
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