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<p>The Treasury has not made a specific assessment of the effect of cashless shops
on (a) low-income people and (b) poorer communities.</p><p> </p><p>However, last year
the Government initiated a discussion on payment methods through a Call for Evidence
on Cash and Digital Payments in the New Economy. This sought to gather evidence on
how changing preferences for cash and digital payments impact on different sectors,
regions and demographics. A wide range of evidence was collected, including on the
changing levels of cash usage, and a formal summary of responses was published in
May 2019.</p><p> </p><p>The response set out the Government’s commitment to supporting
digital payments, whilst safeguarding access to cash for those who need it. The Government
is engaging, and will continue to engage, with the regulators and industry on this
important topic.</p>
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