{"id":13978,"date":"2016-05-23T06:01:22","date_gmt":"2016-05-22T23:01:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-britain-advances-as-contactless-and-debit-cards-thrive\/"},"modified":"2016-05-23T06:10:59","modified_gmt":"2016-05-22T23:10:59","slug":"cashless-britain-advances-as-contactless-and-debit-cards-thrive","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-britain-advances-as-contactless-and-debit-cards-thrive\/","title":{"rendered":"Cashless Britain advances as contactless and debit cards thrive"},"content":{"rendered":"


\nLess than half of consumer payments were in cash in 2015, while direct debits were worth \u00a31.22tnBritain has passed another milestone on the path to a cashless society, with 2015 the first year that cash was used for less than half of all payments by consumers. Cash usage will be eclipsed by debit cards and contactless payments by 2021, said Payments UK, which represents the major banks, building societies and payment providers. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Cashless Britain advances as contactless and debit cards thrive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Less than half of consumer payments were in cash in 2015, while direct debits were...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13978","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3Ds","jetpack-related-posts":[{"id":94423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-future-far-from-certain-letters\/","url_meta":{"origin":13978,"position":0},"title":"Cashless future far from certain | Letters","date":"July 23, 2018","format":false,"excerpt":"\r Cash will continue to be a universal form of payment, says Tim Halford, and Hilary Chivall warns against society being totally dependent on electricity for online transactionsCash is dying, contactless is king \u2013 we\u2019ve heard it so many times. Voices in the payment industry and the media are quick\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ab-majlis-podcast-the-future-of-money-credit-cards-crypto-and-cash-with-visas-dr-saeeda-jaffar\/","url_meta":{"origin":13978,"position":1},"title":"AB Majlis podcast: The future of money? Credit cards, crypto and cash with Visa\u2019s Dr. Saeeda Jaffar","date":"July 8, 2024","format":false,"excerpt":"\r The latest episode of AB Majlis dives into the shifts in digital payments, from the dominance of contactless transactions to the rise of AI-powered security and the potential of crypto, painting a picture of a cashless future\r \r Source : arabianbusiness.com\r Read more...AB Majlis podcast: The future of money?\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/07\/AB-Majlis-podcast-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-we-should-fear-a-cashless-world-dominic-frisby\/","url_meta":{"origin":13978,"position":2},"title":"Why we should fear a cashless world | Dominic Frisby","date":"March 21, 2016","format":false,"excerpt":"\r Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillanceThe health food chain Tossed has just opened the UK\u2019s first cashless cafe. It\u2019s another step towards the death of cash.This is nothing new. Money is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5102,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-mean-card-fraud-now-happens-after-cancellation\/","url_meta":{"origin":13978,"position":3},"title":"Contactless payments mean card fraud now happens after cancellation","date":"December 19, 2015","format":false,"excerpt":"\r You don\u2019t expect a bank account to keep being defrauded after you put a stop on your cards, but the rise of \u2018wave and pay\u2019 can mean just thatConsumers are at risk of falling victim to fraudulent payments made on contactless credit and debit cards that have already been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contactless-payments-used-for-1bn-uk-purchases-in-2015\/","url_meta":{"origin":13978,"position":4},"title":"Contactless payments used for 1bn UK purchases in 2015","date":"February 26, 2016","format":false,"excerpt":"\r Increase in transaction limit to \u00a330 boosted spending by more than 200%UK shoppers made more than 1bn contactless purchases on credit and debit cards in 2015, and used the technology for almost one in eight of all card transactions in December.An increase in the amount that could be spent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cash-no-longer-king-as-contactless-payments-soar-in-uk-stores\/","url_meta":{"origin":13978,"position":5},"title":"Cash no longer king as contactless payments soar in UK stores","date":"July 12, 2017","format":false,"excerpt":"\r Landmark moment as cards now account for more than half of all purchases, according to British Retail ConsortiumIs this the tipping point that signals the beginning of the end for cash? For the first time, notes and coins have been toppled from their position as the UK\u2019s number one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13978"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=13978"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13978\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}