The coronavirus has completely changed the UK finance landscape. According to
statistics, more people are opting for digital payment services. In fact, the
number of consumers living “an almost cashless life” has more than doubled in
two years. They have grown to 7.4 million individuals. Experts advance that
this change in settlement habits
means that consumers nowadays are better prepared to cope with life under lockdown
restrictions. Thus, the advent of a cashless society, which was starting
to take place before the pandemic, is speeding up.
People
are opting for the convenience of cashless payments
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