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Big ideas of 2015: the end of cash

Cash still rules in the UK—but only just

Mobile payments technology is coming to the UK in a big way. © HLundgaard

Read the rest of our big ideas of 2015

Cash still rules in the UK—but only just. Fifty-three per cent of transactions were made using notes and coins in 2013. The UK Payments Council expects 2015 to be the year when cash payments become less than half.

Other countries are already there. In Canada, just 10 per cent of transactions are made in cash.…

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