UK Cash Usage Decreases Significantly

Link, which operates the biggest network of ATMs in the UK has said that cash usage in the UK has halved over the past few days; this is due to shops closing, an increase of contactless payments and concerns over contracting the COVID-19 virus via bank notes; many shops and banks recently raised the limit for contactless payments to £45 from £30; Link is still working with banks and regulators to ensure there is enough cash available to consumers. Payments Cards and Mobile