This campaign was active during 2019 and is now closed
You can find more information about our work with Which? through our Cash Friendly Pledge page.
This campaign was active during 2019 and is now closed
You can find more information about our work with Which? through our Cash Friendly Pledge page.
The Freedom to Pay. Our Way. campaign has three clear asks:
The latest figures indicate that cash points are currently closing at a rate of 500 a month – following cuts to ATM funding that started to take effect last summer – and we’ve lost more than 3,000 bank branches since 2015.
This diminution of our cash infrastructure is restricting the freedom of those who want to pay in cash, making it harder for small business owners to deposit their takings and hurting footfall on our high streets.
When cash machines and bank branches are lost, local growth often takes a hit.
The most comprehensive review of the use of cash in the UK conducted to date shows that 25 million people still see cash as a necessity, and over two million are almost entirely dependent on it to live their lives.
Of course habits are rapidly changing. But cash remains a vital payment method for many. It’s particularly important for vulnerable consumers, such as the elderly, those with a disability and those who need to budget very carefully.
Millions of small business owners have customers who want to pay in cash. If they cannot access notes and coins, that’s bad for sales. Equally, cashless transactions can often be accompanied by substantial fees for firms. Without cash to compete with alternative payment methods, the chances are that these fees would increase.
We need you to make this campaign work and make our voices heard. Get involved by signing the petition or sharing on social media.
And please support us across social media using the hashtag #Freedom2Pay.