Retail News: UK Consumers Expect SMEs to Offer Digital Payment Methods, SumUp Reports
3 Articles
3 Articles
The most commonly used forms of payment are cards and electronic order transfers (within which electronic and mobile banking are the most prevalent), whose combined share at the end of 2024 was 90.1 percent.
UK consumers expect SMEs to offer digital payment methods
As digital payments continue to grow in popularity, the UK is experiencing a significant shift towards cashless transactions. With the rise in contactless payments and digital wallets, we’re witnessing how everyday consumers are relying less on cash and traditional payment methods. To discover how payment preferences are evolving, SumUp conducted a nationwide survey, gathering insights from UK […] The post UK consumers expect SMEs to offer digit…
Retail news: UK consumers expect SMEs to offer digital payment methods, SumUp reports
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As digital payments continue to grow in popularity, the UK is experiencing a significant shift towards cashless transactions. With the rise in contactless payments and digital wallets, we’re witnessing how everyday consumers are relying less on cash and traditional payment methods. To discover how payment pr…
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