Tuesday, October 21, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Two people work at computers with code visible on the screen, set in an office with a focused atmosphere. One wears a striped shirt; the other has glasses.

    Unlocking Success: Why IT Support Matters for Business

    Advanced pump technology enhances sustainability in shipping

    Advanced pump technology enhances sustainability in shipping

    Bridging Data, Marketing and Research: An Interview with Raabia Riaz

    Bridging Data, Marketing and Research: An Interview with Raabia Riaz

    Mobile App Testing

    Exploring the Importance of Mobile App Testing

    AI

    The Four Steps That Make AI Systems Trustworthy (According to Federal Standards)

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Application Services

    Belitsoft Lists Top 5 Trends Shaping Managed Application Services in 2025

    How Technology Ensure Safe and Secure Online Gaming with Eat and Run Verification

    Smart Building Technology Integration: Future-Proofing Hospitality Through Intelligent Systems

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    The Benefits of Accepting Crypto Payments in E-Commerce

    The Benefits of Accepting Crypto Payments in E-Commerce

    Dogecoin Adoption Never Stopped Soaring

    Dogecoin Adoption Never Stopped Soaring

    Hand holding a key over a table with Euro banknotes scattered and a calculator nearby, suggesting themes of finance, investment, or real estate.

    How Brokers Can Help You Compare Loans in Denmark and Save on Interest

    MPs Continue Push For Gambling Tax Increase

    MPs Continue Push For Gambling Tax Increase

    Is Britain Ready for a Digital Pound? The Cybersecurity Battle You Haven’t Heard About

    Is Britain Ready for a Digital Pound? The Cybersecurity Battle You Haven’t Heard About

    Smartphone displaying stock graphs is on a desk with a keyboard and mouse in front of a computer monitor. The setting feels modern and tech-focused.

    FTX Unwind Continues: $1.6B Payout Signals Progress Amid Market Uncertainty

    Solana Crypto Casino: Why Speed Isn’t Just a Feature – It’s the Foundation

    Solana Crypto Casino: Why Speed Isn’t Just a Feature – It’s the Foundation

    How workplace pensions have changed in the UK

    How workplace pensions have changed in the UK

    Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.

    Surprising Tools That Can Help You Manage Your Money

  • Environment
    Aerial view of London shows Thames River, bridge, and cityscape with modern and historic buildings

    Why Air Pollution Control Systems are Important

    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

  • Property
    urban design

    Good Urban Design is not a Luxury; it is a Necessity

    Hand holds a keychain with a house-shaped pendant and keys, symbolizing home ownership. The background shows a blurred, warmly lit interior.

    The Importance of Getting the Best Deals for Your Home

    From Classic to Contemporary: A Guide to Your Home’s Door Options

    From Classic to Contemporary: A Guide to Your Home’s Door Options

    Orange and white Mediterranean buildings with blue railings under a clear sky in Limassol, Cyprus. The bright colors and sunny day evoke a cheerful, tranquil vibe.

    Modern vs Traditional: The Range of Houses for Sale in Limassol

    Real Estate in Dubai

    Real Estate in Dubai: Strategic Investment Insights for 2025

    Safe asbestos management for homeowners

    Safe asbestos management for homeowners

    Angular, metal sheet wall with diamond patterns behind a dark railing, conveying an industrial feel. The texture is reflective and geometric.

    7 Design Concepts That Use Decorative Metal Sheets

    Worker repairs a red-tiled roof, balancing on scaffolding. They wear protective gear under a clear blue sky, conveying focus and diligence.

    The Complete Guide to Roof Repairs: What Every UK Property Owner Needs to Know in 2025

    A Comprehensive Guide on an Inline Extractor Fan

    A Comprehensive Guide on an Inline Extractor Fan

  • eCommerce
    The Live Shopping Market has Surged to $32bn

    The Live Shopping Market has Surged to $32bn

    Winning PPC Strategies for E-Commerce Brands

    Winning PPC Strategies for E-Commerce Brands

    SEO Agencies

    How To Audit Your Ecommerce Site Structure SEO? A complete Step-by-step Guide for Beginners

    Ecommerce Platform

    What Makes a Global Ecommerce Platform User-Friendly

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

No Result
View All Result
Today News
Home Business

Digital Payments Could Move Nearly $3 Trillion by 2026

Kane William by Kane William
June 21, 2024
Reading Time: 3 mins read
Digital Payments
43
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Next, find out everything about this payment method

Does anyone remember the sound of a cash machine? Digital payments have become so prevalent that the next generation might not even recognize it. However, this shift can be beneficial for society if people improve their personal finances.

Related posts

Banana Pro

The Fastest Solana Bot: How Banana Pro Became the Platform Every Trader Is Watching

October 21, 2025
525
Yacht Insurance

Luxury Yacht Insurance Costs: What Owners Should Budget Annually

October 21, 2025
424

According to the McKinsey Global Report, cashless transactions are expected to reach $3 trillion by 2026, highlighting a global trend, including in the UK, where people are favouring digital payments over traditional methods.

Safer than carrying cash, alternatives like prepaid cards and e-wallets offer the convenience of digital payments and online transactions.

In this article, we will explore why contactless payments have become so common and what benefits they bring to the indebted population in the United Kingdom.

Digital Payments vs. Cash

Research indicates that in the coming years, the volume of cashless payments will increase by 42%.

Experts suggest that the accelerated adoption of digital payments is due to their usefulness, ease of use, security, and performance. Additionally, digital payments promote greater financial inclusion, entrepreneurship, and innovation.

Moreover, the increase in smartphone penetration and e-commerce growth are key factors driving the rise in digital transactions. The younger generation is particularly adept at using these technologies, with over half of those aged 16 to 24 registered for mobile payments.

The United Kingdom experienced a significant 30% surge in contactless payments last year. Online banking solutions and digital wallets have contributed to this shift in the country.

What Are People Buying? According to a Statista survey, the most popular categories for digital purchases are clothing and shoes, followed by electronics.

Can Digital Payments Benefit the Indebted UK Population?

It’s no secret that the UK population faces financial management challenges. Money Charity reported that as of the end of March 2024, people in the UK owed ÂŁ1,843.9 billion.

Household debt can arise from various factors, including rising unemployment, increasing inflation, and a lack of personal finance knowledge.

While digital payments offer convenience, they might also lead to overspending or losing track of expenses, potentially increasing debt.

A significant portion of household debt comes from mortgages and credit cards. Although digital payments can be used for both, they do not inherently cause debt; it’s about how people manage their credit and spending habits.

One solution for better spending control is prepaid credit cards. With prepaid credit cards, users can only spend the money available on the card, preventing overdrafts or deferred payments. Users can allocate a specific amount and commit to spending only that sum.

This type of card can be an alternative to can enhance personal finances and promote financial inclusion. Those without traditional bank accounts or with poor credit histories can still participate in the cashless economy using prepaid cards like paysafecard.

Promoting personal finance education and learning how to manage credit is crucial for ensuring financial health in a world where spending has become easier than ever.

Kane William

Previous Post

The Role of Data Analytics in Modern Supply Chains

Next Post

Dental Problems? How to Treat and Prevent Them with Whitening Strips

Related Posts

Banana Pro
Business

The Fastest Solana Bot: How Banana Pro Became the Platform Every Trader Is Watching

October 21, 2025
525
Yacht Insurance
Business

Luxury Yacht Insurance Costs: What Owners Should Budget Annually

October 21, 2025
424
Outsourcing
Business

How Outsourcing in Eastern Europe Helps UK Companies Grow

October 21, 2025
436
Home Entertainment
Business

The Simple Tech Trend Making Home Entertainment So Easy

October 21, 2025
536
HTTP Proxies
Business

Best HTTP Proxies of 2025 for Speed and Reliability

October 21, 2025
425
Person using a laptop, holding a smartphone, in a cafe setting. The laptop displays a communication app, suggesting multitasking and connectivity.
Business

The Future of Hybrid Working Infrastructure

October 20, 2025
436
Next Post
Dental

Dental Problems? How to Treat and Prevent Them with Whitening Strips

RECOMMENDED NEWS

Estate planning Malaysia: What Assets Can Transfer into Trust?

Estate planning Malaysia: What Assets Can Transfer into Trust?

1 year ago
32
IR35 Rules

What Contractors Need to Know About IR35 Rules: A Comprehensive Guide

10 months ago
395
Unlock the Potential of Custom CNC Machining Services for Precision Parts

Unlock the Potential of Custom CNC Machining Services for Precision Parts

1 year ago
588
How to Rock a Casual Kilt Outfit and Turn Heads Everywhere

How to Rock a Casual Kilt Outfit and Turn Heads Everywhere

2 years ago
436

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Banana Pro

The Fastest Solana Bot: How Banana Pro Became the Platform Every Trader Is Watching

October 21, 2025
Yacht Insurance

Luxury Yacht Insurance Costs: What Owners Should Budget Annually

October 21, 2025
vegan

Exploring Shoreditch: The best vegan dining spots in London’s trendiest area

October 21, 2025
Vegetarian Indian Curries

The Ultimate List of the Best Vegetarian Indian Curries For Every Taste

October 21, 2025
Outsourcing

How Outsourcing in Eastern Europe Helps UK Companies Grow

October 21, 2025
Home Entertainment

The Simple Tech Trend Making Home Entertainment So Easy

October 21, 2025
HTTP Proxies

Best HTTP Proxies of 2025 for Speed and Reliability

October 21, 2025
Cozy pink children's room with wall art, a daybed covered in cushions and a pink unicorn plushie. A small round table and chairs sit by a window. A bookshelf and nightstand with a lamp complete the inviting, playful space.

Creating Fun and Functional Spaces for Kids

October 21, 2025
Workers in protective clothing sort and pack apples on a modern fruit processing assembly line. The high-tech facility is bustling with activity.

How to Prevent Common Workplace Injuries

October 21, 2025
Woman wearing a navy blazer and white blouse sits confidently at a table during an interview. She is smiling, facing the interviewer, creating a positive and engaging atmosphere. The background features a geometric patterned wall.

HR as a Career: Is It the Right Fit for You?

October 21, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Banana Pro

The Fastest Solana Bot: How Banana Pro Became the Platform Every Trader Is Watching

October 21, 2025
Yacht Insurance

Luxury Yacht Insurance Costs: What Owners Should Budget Annually

October 21, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact