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flag Cash usage in the UK rises to nearly 20% of transactions as people seek to manage spending.

flag Cash usage in the UK has risen for the second year, now accounting for nearly 20% of transactions, as people use cash to help manage their spending amid rising costs. flag Despite this, card payments still dominate, making up over 85% of transactions. flag The total fees retailers paid to banks for card transactions rose by over 25% to £1.64 billion in 2023, prompting calls for regulatory action.

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