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  • 5 hours ago
New data shows an increase in cashless retailers, with businesses citing security and costs. Campaigners warn that access to cash must be monitored to protect people who rely on it.
Transcript
00:01High street shops are increasingly choosing to accept only card payments, according to research,
00:07with around 14% going cashless in the last year. Traders say they are balancing security concerns,
00:14handling costs and customer demand when deciding how to operate. A survey suggests a notable rise
00:20in businesses going cashless over the past year, although many stores still accept cash.
00:25Some MPs have raised concerns about access for people who rely on notes and coins, warning
00:31of potential inequality. Retail representatives say decisions are commercial and reflect changing
00:37habits. Campaigners are calling for continued monitoring to ensure payment choice remains
00:43available.
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