Source · Select Committees · Treasury Committee
Recommendation 113
113
Accepted
Small businesses committed to accepting physical cash, vital for market preservation
Conclusion
We welcome the commitment by small businesses, including convenience stores, to accepting physical cash from those who need to pay for it. We note that for some types of businesses, including market traders, cash remains fundamental to the preservation of markets. (Conclusion)
Government response summary AI-generated
The government agrees on the importance of businesses having clear information on payment methods and highlights existing data from the British Retail Consortium, alongside ongoing work by the Payment Systems Regulator (PSR) to improve transparency of card scheme and processing fees.
Government Response
The government responded to this report on 12 July 2025. No passage in that response could be matched to this conclusion. Read the response document ↗