Debit card payments have overtaken cash as the most popular form of payment in the UK for the first time, according to banking industry figures.
Consumers used their debit cards 13.2bn times last year, up 14% compared to 2016, according to a report by UK Finance, the trade body for the UK banking and financial services sector. The number of cash transactions fell by 15% to 13.1bn transactions in the same period.
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