Debit cards set to overtake cash in 2018, three years earlier than expected — Payments UK — “Rapid growth in the use of contactless cards means cash will be overtaken as Britain’s most frequently used payment method by the end of 2018… By 2018, when debit cards are forecast to overtake cash, 13.4 billion debit card payments are predicted, of which 4.6 billion (or one in three) are expected to be contactless.”
- Nine in ten UK in-store card payments are now contactless
- EU to debut digital euro project this year?
- One in three Indian households now use digital payments
- China unveils plan to build a global payment network based on central bank digital currencies
- BBC Click showcases Tappy’s wearable contactless payments technology
This article is more than three years old
