Some retailers in the UK are saying that, being cashless has had a positive impact on the security of our staff by minimising the risk of criminal activity..
The trend towards cashless stores in the UK first gained attention in 2019, when Japenese fast food store Itsu introduced the concept in its outlets. At the time, a company spokesperson revealed "We trialled this earlier in the year at stores with the highest percentage of card transactions in order to assess customer feedback before rolling out to others. We now have 12 and have plans to continue as the response so far has been largely positive."
Meanwhile, Asda has implemented a cashless system at nearly 270 of its petrol stations, where customers must pay by card at the pump. The retail giant explained that more than 90 per cent of its fuel transactions were already being made via card or contactless methods.
.Supermarket giant Sainsbury's has confirmed that the vast majority of its stores and petrol stations continue to welcome cash, although it hasn't disclosed the exact number of locations that don't.
Ron Delnevo, the chairman of the Payment Choice Alliance, has come out swinging against the increasing number of stores turning away cash payments, slamming the practice as 'completely unacceptable'. He's at the forefront of a campaign calling for legislation to ensure retailers can't turn down cash.
Delnevo is adamant about the public's preference, stating: "The vast majority of the public want cash to be honoured as a payment. These businesses are letting down the public."
Full story High street giants including Asda, Zizzi 'ban cash' in controversial move - Edinburgh Live