{"id":349207,"date":"2018-02-21T12:11:36","date_gmt":"2018-02-21T11:11:36","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-cash-eclipsed-as-britain-turns-to-digital-payments\/"},"modified":"2018-02-21T12:11:36","modified_gmt":"2018-02-21T11:11:36","slug":"prison-planet-com-cash-eclipsed-as-britain-turns-to-digital-payments","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-cash-eclipsed-as-britain-turns-to-digital-payments\/","title":{"rendered":"Prison Planet.com \u00bb Cash eclipsed as Britain turns to digital payments"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/money\/2018\/feb\/19\/peak-cash-over-uk-rise-of-debit-cards-unbanked-contactless-payments\"><strong>The Guardian<\/strong><\/a><br \/>February 20, 2018<\/p>\n<p><strong>Britain will move beyond \u201cpeak cash\u201d this year, according to data gathered by the Guardian that suggests notes and coins are rapidly being supplanted as the favoured payment method, particularly in cities.<\/strong><\/p>\n<p><a class=\"u-underline\" href=\"https:\/\/www.theguardian.com\/money\/debit-cards\" data-link-name=\"auto-linked-tag\" data-component=\"auto-linked-tag\">Debit cards<\/a> are set to overtake cash as the most frequently used payment method in the UK later this year, according to UK Finance, which represents leading finance and banking firms.<\/p>\n<p>The volume of cash removed from cash machines (ATMs) is falling fast, while other data shows customers are eschewing cash for cards \u2013 even for small purchases such as a coffee or a beer.<\/p>\n<p>In 2006, 62% of all payments in the UK were made using cash; in 2016 the proportion had fallen to 40%. By 2026, it is predicted cash will be used for just 21%, according to figures from UK Finance.<\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/money\/2018\/feb\/19\/peak-cash-over-uk-rise-of-debit-cards-unbanked-contactless-payments\">Read more<\/a><\/p>\n<p>      <!-- END CONTENT --><\/p>\n<p style=\"color:#333; font-size:11px;\">This article was posted: Tuesday, February 20, 2018  at  7:36 am<\/p>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/><!-- share and follow --><br \/>\n      <!-- end of share and follow --><\/p>\n<div class=\"print_sub\">\n<h3 class=\"sub_titles\">&#13;<br \/>\n        \t<a href=\"https:\/\/www.prisonplanet.com\/cash-eclipsed-as-britain-turns-to-digital-payments.html\/print\/\" title=\"Print\" rel=\"nofollow\"><img decoding=\"async\" class=\"WP-PrintIcon\" src=\"https:\/\/hw.prisonplanet.com\/wp-content\/plugins\/wp-print\/images\/printer_famfamfam.gif\" alt=\"Print\" title=\"Print\" style=\"border: 0px;\"\/><\/a><br \/>\nPrint this page.<\/h3>\n<\/p><\/div>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/>\n<p><!--\n      \n\n<div class=\"nextpage\">\n              <\/div>\n\n \n -->    <\/p>\n<p><!--\n<iframe loading=\"lazy\" width=\"600\" height=\"338\" src=\"https:\/\/www.youtube.com\/embed\/Gm2pZEeYN0E?list=UUvsye7V9psc-APX6wV1twLg\" frameborder=\"0\" allowfullscreen><\/iframe>\n--><\/p><\/div>\n<p><a href=\"http:\/\/www.prisonplanet.com\/cash-eclipsed-as-britain-turns-to-digital-payments.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GuardianFebruary 20, 2018 Britain will move beyond \u201cpeak cash\u201d this year, according to data gathered by the Guardian that suggests notes and coins are rapidly being supplanted as the favoured payment method, particularly in cities. Debit cards are set to overtake cash as the most frequently used payment method in the UK later this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-349207","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/349207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=349207"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/349207\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=349207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=349207"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=349207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}