The top priority of the Payment Choice Alliance is to ensure the British public get the Payment Choice they deserve.
How do the Alliance know what the British public believe they deserve?
WE ASKED THEM.
YouGov conducted a survey on behalf of the Payment Choice Alliance in early June 2023.
That survey revealed that only 3% of the UK adult population have stopped using cash entirely. This in turn means than over 50 million adults continue to use cash.
So cash remains of great interest to the vast majority of the British public.
The survey also told us that 88% of the public do NOT support the UK becoming a so-called “cashless” society.
And how about a UK Payment Choice Act?
The survey confirmed that 71% of the British public want a law put in place to guarantee they cash can use their cash, where and when they choose.
And that law is what the Payment Choice Alliance will work very hard to deliver!
The Payment Choice Alliance was very busy at the 2024 Labour Party Conference!
It was a GREAT event for the Alliance, with so many people supporting Payment Choice. And one of them was the Secretary of State for Scotland and Cabinet Member, Ian Murray. Ian is definitely against “cashless”, believing cash continues to have a vital role to play in the British economy - and for the British public. It’s wonderful to have a Payment Choice supporter in the Cabinet, at the heart of the British government.
Watch the video to get all of Ian Murray’s views!
The Treasury Committee has spent the last 6 months coming up with a Report issued today that ignores the clear evidence that action is needed NOW, in 2025, to safeguard cash acceptance in the UK.
Instead, the Committee is sticking to the Labour Governments misguided non-intervention policy.
For the Treasury Committee to basically simply ask HM Treasury to report annually on how bad cash acceptance has become is patently unacceptable and clearly against the interests of the British public.
Every one of the countries neighbouring the UK have put the interests and wishes of the public first, introducing legal measures to oblige businesses to accept cash.
The British government seems to believe that the British public are less deserving of the legal right to have their cash accepted.
On behalf of the 40 million members of the British public who are demanding the legal right to use their cash, when and where they choose, the Payment Choice Alliance considers the built-in delay set out by the Treasury Committee unacceptable and will be calling on the Committee to urgently review this stance.