Over 20 millions British people believe cash will be a thing of the past within the next 15 years, according to a study by Starcom.
The report revealed that while many have reservations about relying less on physical money, some 73 per cent believe that they won’t have to carry cash at all within five years’ time. Instead, mobile payments and contactless services would be the norm.
Of the denominations to first suffer, the British public believe that the one penny coin will disappear first, followed by the two pence coin and the £50 note.
Pippa Glucklich, co-CEO at Starcom, said: Read full story ›
Source: The Drum
Industry News