Which? response to UK Finance’s UK Payment Markets Report

Gareth Shaw, Head of Which? Money, said:

“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.”

– ENDS – 

– http://UK Finance – Contactless now accounts for more than a quarter of all UK payments

Which? is the UK’s consumer champion, here to make life simpler, fairer and safer for everyone. Our research gets to the heart of consumer issues, our advice is impartial, and our rigorous product tests lead to expert recommendations. We’re the independent consumer voice that influences politicians and lawmakers, investigates, holds businesses to account and makes change happen. As an organisation we’re not for profit and all for making consumers more powerful.

The information in this press release is for editorial use by journalists and media outlets only. Any business seeking to reproduce information in this release should contact the Which? Endorsement Scheme team at endorsementscheme@which.co.uk.