Payments & Fintech #mobile-payments#cash
Mobile payments rise in UK as cash decline slows, UK Finance data shows
Two-thirds of UK adults were registered with a mobile payment service last year, according to UK Finance. Debit cards accounted for 54% of payments, while cash use fell to 8% and is forecast to halve by 2035. The decline in cash is slowing, with millions still relying on notes and coins.
Aug 18, 2026 1 source