3 Reasons your business should accept Card Payments
“A total of 13.2 billion debit card payments were made last year, a rise of 14% on the previous year, according to banking trade body UK Finance.
That outstripped the 13.1 billion cash payments made, as the use of notes and coins dropped by 15%.
An estimated 3.4 million people hardly used cash at all during the year.
The annual report into the way consumers make payments revealed that the UK is a nation of spontaneous spenders. Only 15% of the 38.8 billion payments made in the UK in 2017 were for regular bills and commitments.”*