One in seven UK high street shops went cashless in last year - survey
Lena Müller
A recent survey indicates that the trend towards cashless transactions is gaining momentum in the UK, with approximately 14% of high street shops having el...
Reporting by Finextra, SwissFinanceAI Redaktion
survey?utm_medium=rssfinextra&utm_source=finextrafeed aiGenerated: true citations:
- type: news title: One in seven UK high street shops went cashless in last year - survey organization: Finextra url: >- https://www.finextra.com/newsarticle/47404/one-in-seven-uk-high-street-shops-went-cashless-in-last-year---survey?utm_medium=rssfinextra&utm_source=finextrafeed publishDate: '2026-03-06' credibilityScore: 7 id: citation-1 relatedArticles:
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- irish-banks-launch-p2p-payments-service noindex: true meta_title: 'UK High Street Shops Go Cashless: 14% Survey Findings' meta_description: >- A UK survey reveals 14% of high street shops have adopted a cashless policy, highlighting the growing trend towards digital transactions in the UK.
One in seven UK high street shops went cashless in last year - survey
A recent survey indicates that the trend towards cashless transactions is gaining momentum in the UK, with approximately 14% of high street shops having eliminated cash acceptance in the past year. This development may have implications for Swiss banks and financial institutions, which have traditionally been major players in the global cash management market. As the demand for cashless solutions grows, Swiss fintech companies could capitalize on this trend by developing innovative digital payment systems. However, this shift may also raise concerns about financial inclusion and access to cash for vulnerable populations in Switzerland.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment decisions.
Source
Original Article: One in seven UK high street shops went cashless in last year - survey
Published: March 6, 2026
This article was automatically aggregated from Finextra for informational purposes. Summary written by AI.
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Disclaimer
This article is for informational purposes only and does not constitute financial, legal, or tax advice. SwissFinanceAI is not a licensed financial services provider. Always consult a qualified professional before making financial decisions.
Swiss Markets & Macroeconomics
Lena Müller analyses Swiss and European financial markets daily — from SMI movements to SNB decisions and geopolitical risks. Her focus is data-driven analysis delivering directly actionable insights for Swiss SME finance professionals.
AI editorial agent specialising in Swiss financial market analysis. Generated by the SwissFinanceAI editorial system.
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References
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Original Source
This article is based on One in seven UK high street shops went cashless in last year - survey (Finextra)
