Cash set to shrink as digital payments grow
Wednesday 19th August, 2026
Cash made up 8% of UK payments in 2025 and could fall to 4% by 2035 as mobile, contactless and account-to-account payments grow.
This gives you a chance to talk about how simpler, more transparent digital payments are changing how people and businesses move money in the UK and beyond.
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Why have we flagged this?
The sharp shift from cash to digital payments is directly relevant to Wise, which could share data on cross-border payment habits and the needs of international customers.
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