Customers Prefer Card Over Cash
E Pitney Bowes CUSTOMERS 2 PREFER CARD OVER CASH Cash lost the 000 top spot as the CONVENIENCE consumer's SPEED SAFETY payment reasons people O prefer to use cards method of choice in 2010 75% for the first Cenvenisnce 16% satety 39% No time Debit/Credit Card 65% 61% Yes What do you think is the main to pay for items? reason people prefer contactless payments? How do you prefer Would or do you use using cards? CARD USAGE IN THE UK Figures from quarter 4 2012 A total of 2.6bn transactions, representing a 8.4% growth' 617 million credit card transactions (£39.5 bn)' 2.0 bn debit card transactions (£89.1 bn)' Card spending is increasing EVERY MONTH, £43bn being the annual growth on debit & credit card spending CHEQUE USAGE HALVES EVERY 5 YRS average monthly spend in Q1 2013 ALONG WITH OUR IN 2012 RELIANCE ON CASH? Sources 'http://www.theukcardsassociation.org.uk/wm_documents/2012%2004%20Statistical%20Release%20-%20Final %20%282%29. pdf 'http://www.theukcardsassociation.org. uk/wm_documents/February%202013.pdf "http://www.paymentscouncil.org.uk/media_centre/press_releases/-/ page/2436/ "http://www.paymentscouncil.org.uk/media_centre/press_releases/-/page/2366/ %9'9
Customers Prefer Card Over Cash
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