Cash shows no sign of dying out among shoppers despite the rise of contactless and mobile phone payments.
The Royal Mint said cash remained the 'most prominent' payment method for UK customers despite the growth in digital payments and online shopping.
The Mint said the general public continues to trust cash and find it convenient despite data suggesting more people are using other payment methods.
The Co-Operative today forecast mobile payments would outstrip spending on cash and in less than a decade, accounting for 65 per cent of transactions by 2025.
A spokesman from the Royal Mint said: 'The demise of cash has been predicted for a long time but it remains the currency option the general public turns to for confidence, convenience and security. Full story...
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The Royal Mint said cash remained the 'most prominent' payment method for UK customers despite the growth in digital payments and online shopping.
The Mint said the general public continues to trust cash and find it convenient despite data suggesting more people are using other payment methods.
The Co-Operative today forecast mobile payments would outstrip spending on cash and in less than a decade, accounting for 65 per cent of transactions by 2025.
A spokesman from the Royal Mint said: 'The demise of cash has been predicted for a long time but it remains the currency option the general public turns to for confidence, convenience and security. Full story...
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