UK Finance responds to launch of community access to cash pilot

The Community Access to Cash Pilot (CACP) initiative has today announced eight locations across the UK that will be participating in trials to help address challenges of improving cash access and acceptance.

Responding to the announcement, Stephen Jones, CEO of UK Finance, said:

“The announcement of the pilot areas for this important industry-backed initiative is a significant milestone. While our latest data shows that people are increasingly choosing to pay digitally, the banking and finance industry is committed to ensuring that access to cash remains free and widely accessible to those who need it.

“The impact of the Covid-19 lockdown in recent months has shown the importance of continuing to do so, and with retailers and businesses reopening their stores this week the sector is playing a central role in helping people to pay for the goods and services they need using the method of their choice.”