Cash is no longer king, UK retailers tell survey By Rebecca...

Cash is no longer king, UK retailers tell survey

By Rebecca Burn-Callander, Enterprise Editor, telegraph.co.uk

Cash payments cost UK retailers £17.8bn a year in accountancy errors, counterfeit notes and theft, according to new research, spurring a move towards alternate payment methods

UK retail­ers spend £17.8bn a year on pro­cess­ing cash pay­ments. As…