“While the past year has accelerated the shift to digital payments, those who still depend on cash to pay for everyday essentials must not be forgotten. Cash also remains an important fallback option for when digital payments fail, while some consumers may simply not be ready or able to take advantage of these payment methods.
“UK Finance’s Access to Cash Action Group that was formed last month needs to quickly set out what it intends to do to back up its commitment to safeguarding cash, while the government must make progress on its long-promised legislation to protect cash and ensure it remains a viable payment option for as long as it is needed.”
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