New data showing that nine in ten mobile wallet users now have their debit card loaded as the default payment method might look, at first glance, like a story for the fintech trade press rather than the property pages. It is not. The pace and pattern of Britain's shift away from cash — now slowing after years of rapid decline, even as mobile payments continue to climb — has direct and measurable consequences for landlords, retail investors, and the commercial property market that underpins the UK's high streets, shopping centres and build-to-rent portfolios.
Cashless Britain: What Mobile Wallet Growth Means for Landlords and High Streets
As nine in ten mobile wallet users default to debit cards, the slow death of cash carries real consequences for retail property and rent collection.
Topics
commercial propertyhigh street retailproptechrent collectionbuild-to-rent
