Ahead of our webinar ‘Unearthing the Import of the Payment System’ with Natasha de Terán, we look at the extent to which cash is being replaced by other forms of payment.
Chart of the Week: Week 23, 2017: Changes to Consumer Payment Methods
The chart shows that cash remains the most popular method of payment in 2015, although following a sustained downward trend, 2015 represents the first year in which under half (45%) of all consumer payments were made using cash.