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Latest News In Digital Payment - UK Cashless Future Growth Driven By Innovation And Partnerships

The digital payment landscape in the United Kingdom is witnessing significant expansion, particularly in the prepaid card and digital wallet sector, with an anticipated growth rate of 10.3% annually to reach $59.83 billion by 2025. This growth is largely attributed to increased adoption of digital payment systems, collaborative efforts between banks and fintech companies, and the rapid expansion of the e-commerce market. Trends such as these are shifting consumer preferences towards a...