Britons embrace digital payments, wallets decline

Less than half of Britons carry a physical wallet, with digital payments becoming increasingly prevalent. A survey by Link found only 48% regularly carry a physical wallet, while 11% habitually use only digital payment methods. This trend is more pronounced among younger adults. Concerns are raised about reliance on digital systems, as 61% have experienced payment failures, highlighting the need for diverse payment options and resilient digital infrastructure.