…By Henry George for TDPel Media.
Link’s research highlights substantial variations in cash usage patterns across different regions within the country, including variations within the same city.
However, due to changes in ATM visiting behaviors during the pandemic, such as less frequent visits but larger withdrawals, the overall amount of cash withdrawn decreased at a slower rate of 16.8% over the same period.
Howells advocates for a careful management of the transition to digital payments to ensure that vulnerable consumers are not left behind.2. Bristol West: 63.7% decrease
3. Holborn and St Pancras: 63.1% decrease
4. Edinburgh North and Leith: 62.6% decrease
5. Edinburgh East: 62.5% decrease
6. York Central: 60.2% decrease
7. Edinburgh South: 59.9% decrease
8. Norwich South: 59.6% decrease
9. Glasgow Central: 59.5% decrease
10. Bath: 59.2% decrease