Nearly one in four UK consumers (23%) think the country will become a cashless society within 10 years, research from Equifax and Gorkana Surveys reveals. “Apple Pay highlights that consumers are now widely receptive to payment approaches which use biometric technology and contactless methods and are comfortable accepting them as secure payment mechanisms,” says Equifax’s John Marsden.
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- McKinsey and EBA identify threats to European banks’ payments revenues
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