FEATURE15 July 2019

The psychology of paying

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Asia Pacific FMCG Features Finance Impact Retail

Using plastic is more common now than cash; but how does the method of payment affect people’s shopping behaviour? Jane Bainbridge takes a look.

A wad of cash – once cherished by some as the ultimate symbol of wealth – is losing favour as we move to an increasingly cashless society.

In 2006, 62% of all payments in the UK were made with cash, ...