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Cash is most widely used payment mechanism in the UK

Categories : Cash is efficient
September 30, 2016
Published in : ATM, Demand, Europe, Payments competition
In 2015, cash was the most commonly used payment mechanism in the UK. 70,270 ATMs generated 2.8 billion withdrawals for an amount of £194 billion.
Guillaume Lepecq

Link, the British ATM network and transaction switch, has produced a summary of the UK Cash & Cash Machines 2016, which presents invaluable information and great inforgraphics on how and where cash is obtain for daily use, as well as forecasts covering the next ten years.

Here are some of the highlights: