"The coronavirus pandemic has prompted retailers to ask customers to wear
masks, maintain physical distancing and avoid the use of cash when
possible. Despite scientific evidence indicating that currency doesn’t transmit COVID-19, there continues to be an unprecedented weariness around the use of cash altogether." https://theconversation.com/cash-and-the-coronavirus-covid-19-is-changing-our-relationship-with-money-138774
Coronavirus will hasten the decline in the use of cash as people make a long-term switch to digital payments, experts say.
The lockdown has led to a 60% fall in the number of withdrawals from cash machines, although people are taking out bigger sums.
Payment card use has risen with online shopping, particularly for groceries.
Experts say the long-term future of cash could be at risk, before the UK is ready to cope with the change.
This could leave behind an estimated 20% of the population who rely on cash, they say.
- Millions 'will suffer without cash'
- Coronavirus: Post Office to deliver cash to the vulnerable
https://www.bbc.co.uk/news/business-52455706
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