Payment value or volume what’s more important?

What’s more important in a payment system – volume or value?

A central banker might argue value but as a former custodian of the UK’s systemically important retail payment schemes I’d argue volume any day!

In this video we explore the digital growth and analogue decline of the UK’s Bacs, Faster Payments and cheque payment systems.

We also rank the top nine payment tools we use to pay for the goods and services we consume.

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