Article preview: Use of cash and access to paper money is in decline. With a shift towards the use of digital and online payments, cash risks becoming extinct in the not too distant future. For many of the most vulnerable in society, and also for small businesses, cash is an essential tool. New proposals from HM Treasury are designed to preserve future access to cash.
Protecting the future of cash
This 576-word blog post looks at new proposals from HM Treasury to preserve access to cash in the future, including cashback without purchasing from shops and giving the Financial Conduct Authority responsibility. Written on 15th October 2020.
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