Digital Payments Overtook Cash Transactions in 2014 in the UK

By May 23, 2015Bitcoin Business

According to the Financial Times (FT), cash transactions in the UK fell to 48% of overall payments last year, down from 52% in 2013. This comes as no surprise, given the international rise of popular social payment services such as Snapcash , Squarecash and Venmo , as well as the already mainstream use of Paypal to shop online. These services, along with debit cards and digital currency trade, have collectively overtaken payments in physical […]

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