By Shelly Banjo | @sbanjo -
For the first time, the number of non-cash payments in the UK has exceeded those made with physical currency.
Cash still makes up 48% of all payments made by consumers and businesses in the UK, but the steady decline in the use of coins and banknotes accelerated last year—at the fastest pace in nearly 30 years, according to the UK Payments Council.
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Cash transactions are slowly dying as new UK data shows increased deceleration
