Centre for Policy on Ageing
 

 

The way we pay
 — payment systems and financial inclusion
Corporate AuthorAge UK
PublisherAge UK, London, 2011
Pages65 pp
SourceAge UK, Tavis House, 1-6 Tavistock Square, London WC1H 9NA. Download at: http://www.ageuk.org.uk/Documents/EN-GB/For-profes...
KeywordsFinancial services [older people] ; Financial institutions ; Consumer.
AnnotationA secure, convenient and affordable method of. paying for things is an essential part of everyday life. For many people, cheques are an essential payment method that is often the only way to access essential services at no extra cost or risk. This report explores the essential payment mechanisms and banking services to which an individual must have access in order to be financially included. It set out to learn from other countries and from other industries. It also uses quantitative research from face to face interviews carried out by Ipsos MORI in February 2011 with a representative sample of 1255 adults in the UK aged 18+, boosted for age, so that at 469 respondents were aged 65 or over. The report was written in the light of proposals to withdraw cheques as a means of payment from 2018, which has since been rescinded. However, the report is not just about cheques or age, but about how individuals use the payment services currently available to them. (RH)
Accession NumberCPA-161220002 B
ClassmarkJ: WNL: WY

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