Card use is continuing to rise as the ongoing coronavirus crisis prompts growing numbers of consumers to shop online and avoid using cash. According to figures released by the British Retail Consortium (BRC) from its latest Payment Survey, card use rose from representing 54% of transactions in 2016 to 61% by May of this year.

But while this shows an upward trend, the survey also highlights just how much retailers are having to pay in order to accommodate the growing card payment culture. BRC data shows that retailers paid £1.1 billion to process payments in 2019, with £950 million of that coming from card transactions alone.



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