In October, 2010 spend on Debit cards overtook cash spend for the first time in the UK, over the same period, according to the UK Payments Council.
The further decline in the number of cheques written is also clearing the way. The card carrying consumer is happy to use plastic for even the smallest amounts; even Parking a Car today requires a transactional piece of plastic.
The key is allowing everyone access to an e-bank account with a piece of plastic attached. How? By not requiring a credit check, or the need to have a bank account.
A simple way to turn your cash into plastic or e-money.