VIDEO: Credit and debit card spending to double over the next decade

AN interview with Richard Koch, Head of Policy for The UK Cards Association, about credit and debit card spending trends in the UK.

Credit and debit card spending will almost double over the next decade as people increasingly rely on their plastic as a convenient way to pay, an industry report predicts.

However, the UK Cards Association also said in the longer-term it is also possible to see the “end of the road” for plastic as other methods such as mobile phone payments gain more popularity.