[ninjamayo]

I haven't used or seen a £50 note for more than 15 years. In a cashless society who is still using these?

[AussieWog93]

I'm not in the UK, but surely you guys have some sort of equivalent to Gumtree/Facebook Marketplace, as well as semi-legitimate cash-only businesses and tradies that are trying to avoid tax?

[londons_explore]

Gumtree/Facebook Marketplace is still mostly cash in the UK - neither the buyer nor seller really trust the other with their bank details. Nobody is 100% sure that bank transfers are irreversible (they are, but if you complain loudly enough to the sellers bank they might mark the seller as a fraudster, ban them from banking for life, and transfer the money back to you).

Cash protects both buyers and sellers more from crazy people.

[ricardobeat]

P2P bank transfers are a breeze under SEPA.

[dx034]

Nothing to do with cashless, most places don't accept £50 notes and cash machines often only dispense £20 (apart from airports). Using less cash will probably decrease the use further but so far the lack of £50 note usage had little to do with card payments.

[dbbk]

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