Payment Choice Alliance
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 Netherlands Central Bank - and Government - Show True Support For Cash!
Whilst in the UK the Bank of England, HM Treasury and Financial Conduct Authority continue to attempt to contrive that the National Payments “Vision”(?) turns a blind eye to cash, it is refreshing to hear how the Netherlands Central Bank and Government have already taken dynamic steps to guarantee cash is both readily accessible and accepted.
The level of collaboration between all strands of society in the Netherlands - including consumer representatives and commercial banks - is breathtaking. As has been the willingness of the Netherlands Central Bank and Government to decisively intervene to produce outcomes clearly in the public interest in relation to cash.
There is now a position in the Netherlands where ATM operators are properly rewarded for delivering cash to the public, which effectively guarantees convenient cash access will be provided, AND a law has been passed to ensure businesses must accept the publics cash.
All this has been achieved since the start of 2024 - so not the seemingly interminable procrastination which is the hallmark of the UK.
The Payment Choice Alliance has pledged to the British public that their cash WILL be accepted FOREVER.
No procrastination, however scheming, can ever be allowed to deny the British public what they WANT and NEED.
The Legendary Lynne Franks Supports The Payment Choice Alliance!
WE COMPLETELY AGREE.
Latest News & Updates
LINK Should Be Missing From Cash Access Decision Making
In December 2017, LINK Scheme Ltd created a “World First” when announcing that there were too many ATMs in the UK. LINK - ultimately beholding to the big banks - stated that this was costing those banks “a fortune”. Leicester Town Centre was highlighted as the location most over supplied....
Australia: UK Must Avoid Same Cash Access Disaster!
What a timely story from Australia, highlighting how an Australian post office is “begging” the public to deposit cash to safeguard the ability of the post office to offer cash withdrawals. The last bank branch in Queenstown had closed the week before. Timely because the Financial Conduct Autho....
What IS Criminal Is Stigmatising Cash Use!
There is an ongoing campaign to stigmatise cash and those who use it. A charity participating in this campaign is Crimestoppers Trust They highlight the “dangers” of cash-only businesses and ask the public to look out for “individuals displaying unexplained wealth or expensive lifestyles” a....
All rights reserved. No part of this website can be reproduced, shared or transmitted in any form or by any means without the prior permission of the copyright owner.