|Event Date||Fri Sep 10 EDT (5 months ago)|
The Covid pandemic had a major impact not just on overall economic volumes but also how people over the past year made and received payments. Cash was especially hit with people and businesses pivoting towards contactless or online methods, and yet research by UK Finance reinforces its “sticky” nature, with a majority of households accumulating cash during the lockdowns.
This webinar explores why cash continues to be held, and what people intend to do with such savings as the UK returns to normality. With only 11% blaming lockdown restrictions and an inability to spend or deposit cash, it is clear that cash is becoming less transactional – what then is its future role?
This webinar is the opportunity to hear why a cashless society appears some way off and to consider the challenges which are then posed for the cash industry – from mitigating the economic waste from hoarded cash, to assisting the UK’s broader drive towards a more sustainable, environmentally friendly economy.
WHO SHOULD ATTEND?
Cash Industry Members, Payment providers, Personal Finance representatives, Cash Managers, wider public and regulators .
Payments Principal, UK Finance
Future of Cash, Bank of England
Head of Cash Production, Post Office