# Credit and debit card turnover at charity shops up 103% in 2011, says CardSave

- Link: https://fundraising.co.uk/2012/03/19/credit-and-debit-card-turnover-charity-shops-103-2011-says-cardsave/
- Published: 2012-03-19T20:06:22+00:00
- Author: Howard Lake

Use of credit and debit cards to pay at charity shops continues to increase. According
to card payments specialists CardSave, the average credit and debit card turnover
at charity shops increased by 103% from 2010 to 2011.

Card turnover at 111 charity shops that use CardSave increased from an average of
£3,426.74 in 2010 to £6,952.91 in 2011. In addition, CardSave’s data reveals that
the average amount spent on card transactions at charity shops in February 2012 
was £25.21, a 9% increase on the same month in 2011.

The figures are part of the CardSave Small Business Payments Index which analyses
credit and debit card spending at SMEs and micro-businesses across the UK, covering
over 300 different sectors, including charity shops.

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The findings confirm a YouGov survey that CardSave commissioned on public attitudes
towards cash. The online survey, conducted last week among 2,069 adults, representative
of all UK adults, found that:

* 57% believe that cash will become extinct at some point in the future; 50% expect
this to occur by 2035; 36% forecast it will be by 2025.

* 62% of people carry less than £20 in cash on them

* 93% carry at least one credit or debit card.

* 40% of the public believes that their lives would be easier if they could pay 
for everything by card,

* 7% have purchased less than they intended to due to retailers only accepting cash.

Clive Kahn, Chief Executive of CardSave, said that consumers clearly expect to pay
by card for everything. “The evidence suggests that charity shops benefit significantly
from accepting cards, attracting more customers, making larger sales and maintaining
their competitiveness

against major retailers,” he said.

www.cardsave.net

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