Retail
Card payments soared to 90 percent of retail payments in 2021
The pandemic changed the way consumers pay, with card use accounting for 90 percent of all retail payments in 2021, as the public was advised to use contactless payments. The British Retail Consortium’s (BRC) latest annual Payments Survey reveals that cash usage fell to just 15 percent of all transactions in 2021, down from 30 percent in 2020....
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