综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

Vendors of The Big Issue get chance to profit from cashless society

By Earle Gale in London | China Daily UK | Updated: 2018-12-03 22:40
Share
Share - WeChat

The United Kingdom-based international charity The Big Issue is equipping some of its street-corner vendors with contactless card readers in response to changing trends that mean many people now leave their wallets at home and few carry "spare change".

The organization says people wanting to support the charity, which helps the homeless, called for the move.

The Big Issue, which was founded in London in 1991 and which now operates on four continents, lets homeless vendors earn money by selling its eponymous magazine.

Russell Blackman, managing director of The Big Issue, said: "We have long-recognized that we are operating in an increasingly cashless society. Big Issue vendors are micro-entrepreneurs, effectively running their own small businesses, so, understandably, there are many who are keen to respond to market forces and offer their customers an alternative to cash."

The organization is partnering with contactless payments provider iZettle on the eight-week trial that involves 20 vendors in London, Bath, Birmingham, Bristol and Nottingham. If all goes well, the program will be rolled out nationwide. One challenge is the need for vendors to have a bank account and the requirement from banks that people must have a fixed address before they can to open an account. The Big Issue is working with vendors and the banks to try to find a solution.

"The partnership between iZettle and The Big Issue reflects our shared values and commitment to creating a more financially-inclusive society, supporting those whose lives have been blighted by poverty and a lack of opportunity," Blackman said.

iZettle says more than 70 percent of payments in the UK are now cashless and the partnership means homeless vendors of The Big Issue will not miss out.

Easton Christian, a vendor who sells the magazine in London's White City district, is taking part in the trial and told the charity's website: "I've definitely noticed a dip in the number of people carrying cash, which has had a knock-on effect on the number of magazines that I'm able to sell."

Edward Hallett, the UK managing director of Swedish company iZettle, said: "We're constantly looking at ways we can aid financial inclusion … Our partnership ensures that vendors never have to miss out on a sale again."

The Guardian newspaper reports cash payments are becoming increasingly less common. In 2006, 62 percent of UK transactions involved cash but the number fell to 40 percent last year and is expected to further dip, to 21 percent in 2026.

The multinational credit card and payment services provider Barclaycard warned last year that charities may be missing out on more than 80 million pounds annually by not being sufficiently open to cashless donations.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
汉中市| 湖南省| 赤壁市| 江口县| 内黄县| 四平市| 荃湾区| 武义县| 高唐县| 鹿泉市| 富民县| 沙湾县| 连山| 阿克苏市| 和林格尔县| 通山县| 蚌埠市| 眉山市| 镇江市| 西贡区| 瑞安市| 甘德县| 临西县| 灵璧县| 丽江市| 明溪县| 衡东县| 遂昌县| 重庆市| 固镇县| 陆丰市| 香港| 通辽市| 六盘水市| 金秀| 喀喇沁旗| 宁夏| 隆德县| 紫金县| 新巴尔虎左旗| 东光县|