Recently Released Market Study: Financial Cards and Payments in the United Kingdom
Payment cards continues to increase its share of the overall UK payment market, as cash but also other payment instruments such as cheques are losing ground. Debit cards were the big winner in 2012, following an unstable economic environment which continues with little prospect of improving in the near future. The value of debit card transactions reported double-digit growth in 2012, while credit cards showed stagnant growth as consumers focused on reducing debts and not taking on new ones. In...
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