Going Cashless

Going Cashless

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There are now a whole load of ways to pay without using cash, with contactless being one of the most widely used in the UK. In recent years, debit cards have overtaken cash as the most used way of paying, and in 2019, 51% of all payments were made using cards. In the same time, contactless payments rose by 16% and cash payments fell by 58% from the year before. Cashless payments are particularly popular with younger people, as 7.4 million said they go about their lives without using cash.

Here we look at all the ways of sending and receiving money without needing to use cash.

What are contactless payments?

Contactless payments have made paying on-the-go faster than ever before, and here we look at how they works, why it's safe, and what the benefits are to using contactless.

Online payment methods

We can now send and receive money faster than ever before thanks to online payments. Learn more about the different types of online payments and what they're used for.

Mobile payments

Mobile banking has allowed people to manage their money at the touch of a button. Check the different ways you can use mobile banking to look after your finances and make payments.

Receiving cashless payments

The demands of customers have changed a lot in recent years, and one of the most significant shifts has been away from using cash. Find out here how to receive contactless and cashless payments securely.

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