Square opens first UK pop-up store

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Finextra:

High streets across the West Midlands could be given a boost if more local businesses accepted card payments, according to a new study released by Square today. When surveyed, 63% of West Midlanders would be more likely to shop locally if they could pay by card. Cash was the preferred payment method for only 27% of customers in the West Midlands and almost two thirds are ‘card-first,’ preferring to pay by card when buying products and services. On average, 41% of people in the region carry less than £10 in their wallets and 1 in 3 surveyed admitted to not having visited a cash point at all in the last week.

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