Spending On a Debit Card Overtakes Cash

Daily MailApril 19, 2006

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Summary


CASH is no longer king on the High Street as debit card spending overtakes notes and coins for the first time.

Retail spending by debit card reached Pounds 89billion last year, outstripping the cash figure of Pounds 81billion.

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Extract


Spending On a Debit Card Overtakes Cash

If the current trend continues, it seems people will have little or no use for real money within 30 years, ending the use of to...

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