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Event Brief

Bank Cards Face Decline as Digital Wallets Rise

The £100 cap on contactless card spending is lifted today, signaling a shift towards digital wallets for future growth.
WHO: UK
WHAT: Lifting of contactless card spending cap
WHEN: Mar 19, 2026 at 1:00 AM ET
WHERE: UK
WHY: To promote growth in digital wallet usage
Sources (1): Financial Times

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