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  • Home
  • Our Business
    • Pre-issue: cash & currency analysis
      • Currency Structure Analysis
      • Security Feature Assessment
      • Currency Design & Banknote Testing
      • SMI Approach
    • Post-issue: cash management
      • Analysis & Benchmarking
      • Fitness Standards
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    • Market Research & Analysis
  • Industry News & Events
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  2. 2014
  3. June
  4. 02

UK 50 banknotes

UK cash use declining but still the predominant choice

Banknotes, Cashless Payments, Currency, NewsBy SMI02/06/2014

A report released today by the British Retail Consortium (BRC) shows that cash use in payment transactions is still the predominant payment choice but is one that is gradually declining. The BRCs Retail Payments Survey 2013 reports that cash has reduced in value, number of transactions and the average transaction value. When comparing to the 2012 figures, cash…

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