Major stores pledge to continue accepting cash despite digital payments boom walesonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from walesonline.co.uk Daily Mail and Mail on Sunday newspapers.
Post-meeting update
At today’s Cash Summit we were delighted to hear Economic Secretary to the Treasury John Glen confirm that a consultation on cash legislation will be launched in the Summer. This is an extremely positive development towards getting these critical long term protections introduced.
The government must deliver at pace on it’s promises, or risk leaving the cash system vulnerable to further damage.
We also heard about UK Finance’s commitment to protecting access to cash, and the launch of its new Cash Action Group, which will be led by Access to Cash Review Chair, Natalie Ceeney, in addition to renewed commitments from the Post Office and major banks to supporting the provision of cash access for consumers.
From Aldi and Asda to Co-op & John Lewis: Thousands of busineses back post-Covid access to cash pledge THOUSANDS of supermarkets and shops around the country have committed to continue to accept cash after businesses - including some of the biggest names in retail - signed up to a new pledge. Aldi, Asda, Co-op, John Lewis, LloydsPharmacy and Waitrose have all made the public commitment to keep accepting cash in their stores, recognising that not all customers are yet ready or able to pay digitally. Together, the supermarkets are responsible for almost 4,500 stores in the UK, and have a combined grocery market share of more than 30 per cent.
Major retailers have signed up to a cash acceptance pledge, helping to ensure that customers who want to pay in coins and banknotes will not be excluded by the transition to digital payments, Which? has said.
Aldi, Asda, Co-op, John Lewis, LloydsPharmacy and Waitrose have made the public commitment to keep accepting cash in their stores.
Together, the supermarkets are responsible for nearly 4,500 stores in the UK, and have a combined grocery market share of more than 30%.
LloydsPharmacy has committed to continue to accept cash across its 1,400 UK branches, and John Lewis has agreed to do the same across its stores nationwide.