One in seven UK high street shops went cashless in last year - survey
A recent survey indicates that the trend towards cashless transactions is gaining momentum in the UK, with approximately 14% of high street shops having el...
One in seven UK high street shops went cashless in last year - survey
A recent survey indicates that the trend towards cashless transactions is gaining momentum in the UK, with approximately 14% of high street shops having eliminated cash acceptance in the past year. This development may have implications for Swiss banks and financial institutions, which have traditionally been major players in the global cash management market. As the demand for cashless solutions grows, Swiss fintech companies could capitalize on this trend by developing innovative digital payment systems. However, this shift may also raise concerns about financial inclusion and access to cash for vulnerable populations in Switzerland.
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Original Article: One in seven UK high street shops went cashless in last year - survey
Published: March 6, 2026
This article was automatically aggregated from Finextra for informational purposes. Summary written by AI.
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This article is based on One in seven UK high street shops went cashless in last year - survey (Finextra)
