United Kingdom

Central bankers are increasingly stating that cash is an important tool in the payments landscape and that it will continue to play a central role.

The opacity of growing scheme fees and the risks of a system failure should get people to start thinking about the costs of society's growing dependency on card schemes.

Millennials like using cash, but also want to have free access to their money. Banks and the ATM industry should therefore adopt surcharge-free policies to respond to customer needs.

UK consumer rights group Which? is calling for an urgent review of LINK's plan to lower ATM fees to banks arguing that it will only further exclude residents of rural and remote areas.

Going cashless can be a risky affair especially for those that are already facing financial hardship, UK data shows.

Only 16% of Britons consider contactless more secure than cash, Equifax survey finds.

As businesses and individuals in the UK increasingly use contactless and cashless payments, the question remains whether a fully cashless society would truly benefit all members of society.

Lowering interchange fees could be disastrous for rural communities in the UK, already hit hard by bank closures.

As use of electronic money grows, so does the use of hard cash - but the next step could come from an unexpected player, states Deloitte Chief Economist Ian Stewart.

The Bank of England is seeking to enforce the detection of counterfeit banknotes through the Banknote Checking Scheme. This initiative is designed to strengthen the cooperation between retailers and the central bank to identify counterfeit notes.

Statistics indicate that cash is not only used as a tool of exchange but also as a store of value, especially since the 2008 financial crisis.

The introduction of a cut-price credit card is going to be delayed in Scotland due to the high level of consumer debt in the country.