
Uber rolling out payment change across UK this week in major shake-up
Uber will this week allow passengers to pay with cash as part of a major shake-up to its payment system. Following trials in several UK cities, the new option will be rolled out to the majority of the country this week.
However, the payment option will not be extended to London, as it is still being reviewed. Uber has dominated the ride-hailing market for the last decade and has now expanded to other transport sectors.
Since its launch, it has been completely cashless, with customers only able to pay through the app with a linked credit or debit card or through PayPal.
The option to pay in cash will now appear on the Uber app. However, drivers can opt out of accepting notes and coins if they can't provide change or if they fear for their safety by carrying money. If drivers are unable to provide any change, Uber will credit the customer's account on the app.
The 18-month pilot trials took place in Birmingham, Stoke, Nottingham and Leicester. Customers told Uber that they liked the option being there, as some preferred paying in cash, while others didn't have a bank card they could link to the app.
Authorities in London are reviewing the cash option, and remains unavailable for Uber Eats or booking other forms of transport through the Uber app. The firm has not confirmed when a decision could be made on including the capital in the shake-up.
A spokesman for Uber said: "We believe that movement should be accessible to everyone, so following successful pilots in some UK cities over the last 18 months, we have decided to give passengers outside of London the option to pay for trips with cash."
Sign up to Mirror Money's newsletter for the latest advice and news
From universal credit to furlough, employment rights, travel updates and emergency financial aid - we've got all of the big financial stories you need to know about right now.
Ron Delnevo, chair of the Payment Choice Alliance, told the BBC that Uber's decision "demonstrates that they now believe in the future of cash in the UK" and called on government to go one step by further by making it a law for shops and services to accept cash.
The move follows a Treasury Committee report that suggested that all shops and services must be forced to accept cash in the future to help protect vulnerable people who rely on it. The report, which looked into cash acceptance, highlighted various groups who relied on cash, including some people with learning disabilities and those who use cash to keep to a budget.
Among those reliant on cash - and who gave evidence to the committee - were victim-survivors of domestic and economic abuse.
The report said the government had to improve its monitoring of cashless businesses. However, ministers have said there are no plans to introduce blanket rules for cash acceptance.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Finextra
15 hours ago
- Finextra
Deep Dive: Unpacking PayPal's Core Product Stack: By Sam Boboev
PayPal is one of the original giants of fintech – with over 430 million customer accounts across more than 200 markets – and it powers roughly a quarter of the world's e-commerce transactions. Yet even a company of this scale must evolve. In 2025, under new CEO Alex Chriss, PayPal is revamping its core product stack to reignite growth and stay ahead of fast-moving competitors. This deep dive explores how PayPal is modernizing every layer of its offerings, from consumer wallets and checkout flows to merchant tools and Venmo's social payments, all while leveraging its massive two-sided network. The timing is critical: after years of slower growth and rising competition from tech giants and fintech upstarts, PayPal's new strategy aims to drive durable growth by doubling down on checkout, expanding omnichannel payments, and using AI-driven personalization to deliver more value to both consumers and merchants. In the sections that follow, we'll examine PayPal's consumer strategy (spanning branded checkout, omnichannel experiences, rewards and peer-to-peer), the evolution of its checkout technology (including new vaulted and guest checkout experiences), the reinvention of its small business platform under the PayPal Open initiative, Venmo's monetization roadmap, and future plans from B2B bill payments to stablecoins and AI. Along the way, we'll highlight the key metrics and financial goals linked to each initiative. The result is a portrait of a fintech incumbent aggressively transforming its product stack – and perhaps its fortunes – in real time. A 'Pay Everywhere' Consumer Strategy At the heart of PayPal's game plan is energizing its consumer ecosystem to boost engagement and 'selection' – the propensity of users to choose PayPal at checkout. Branded checkout has always been PayPal's engine of monetization, and every part of the company is now tasked with driving more consumers to select PayPal when they pay. PayPal's consumer team has zeroed in on a target demographic of young families and professionals in their 30s and 40s with medium to high incomes, who demand convenience and want to make the most of their money. For these users, PayPal aspires to be 'the easiest, the safest, and the most rewarding way to pay, send, and save money' – in short, the smartest way to pay. To fulfill that promise, PayPal's consumer strategy is built on three pillars that Chriss's team calls 'Pay Everywhere, Pay Your Way, and Get the Most Value.' Pay Everywhere means making PayPal ubiquitous across every channel – online, in-store, peer-to-peer, even crypto. A year ago, PayPal launched 'PayPal Everywhere' in the U.S., extending its wallet to offline uses (like tap-to-pay with the PayPal or Venmo debit cards) and seeing strong early results. For example, enabling in-store debit usage not only added payment volume but actually drove more online PayPal checkouts – for every four debit card users, one became an incremental PayPal checkout user. In fact, total payment volume on PayPal's branded debit card doubled year over year, illustrating the 'flywheel' effect when users can pay with PayPal in more places. In 2025, PayPal is expanding these omnichannel capabilities internationally, starting with launching an NFC tap-to-pay wallet in Germany. Peer-to-peer (P2P) payments remain a cornerstone of PayPal's consumer ecosystem – not only as a service in itself, but as a user acquisition funnel. About 30% of PayPal's new active users come in through P2P transfers, and importantly, over $10 billion of funds that people receive via P2P are subsequently spent at merchants via PayPal. In other words, P2P brings new users and keeps them engaged in the PayPal network, where that money can then flow into monetized checkout transactions. PayPal is continuing to innovate in P2P features to maintain its lead. Soon, users will be able to send money internationally directly to bank accounts or mobile wallets, or even to crypto wallets, nearly anywhere in the world – an ability PayPal boasts 'only [it] can deliver,' given its global network. Perhaps even more intriguingly, PayPal plans to enable sending payments to anyone via just a phone number or chat handle: 'anyone, even outside our network, will be able to receive payments with a text or messenger' through PayPal. This kind of open-loop P2P could extend PayPal's reach far beyond its own user base. And while on the topic of reach: PayPal is also pushing into crypto as part of 'Pay Everywhere.' Having introduced the ability for users to buy, hold, and sell cryptocurrencies, PayPal now reports 'explosive growth' in consumers using crypto for transfers and payments. PayPal users can even check out at millions of merchants using their crypto balance, with PayPal handling the on-the-fly conversion. By integrating crypto into its wallet, PayPal hopes to be the place consumers 'won't want to do crypto anywhere else', bridging traditional and on-chain payments under its trusted brand. Pay Your Way is the second pillar, focused on flexibility and ease of use. PayPal knows that a fast, frictionless checkout is vital – 'checkout has to be fast', as the team puts it – but they're pushing the concept further with innovative new experiences. One big initiative is introducing 'new vaulted checkout experiences' that make PayPal nearly invisible during payment. In practice, 'vaulted' means a user can pre-authorize and save PayPal as a preferred payment method in a given context (for example, in a ride-sharing app or food delivery app) so that future transactions happen with one tap, without repeated logins. PayPal is encouraging developers to pre-vault PayPal during user onboarding and enable frictionless in-app payments, particularly for high-frequency, low-value purchases. By being present (and pre-selected) at the moment a new user signs up for a service, PayPal can become the default way to pay for rides, meals, tickets and other everyday purchases – an approach that drives dramatically higher conversion and usage. For most e-commerce scenarios, PayPal still supports its classic 'one-time' checkout integrations, but for certain mobile-first use cases with average tickets under $40, these vaulted payments flows are recommended to make PayPal as seamless as Apple Pay or a saved card. In addition, PayPal is rolling out modern authentication like passkeys (biometric logins) across its consumer apps, eliminating the annoyance of passwords and cutting login friction to near zero. The new PayPal checkout flow leverages passkeys so users can log in with a face or fingerprint and pay with one tap – part of an overhaul that 'reduces latency by as much as 50%' and lets customers check out twice as fast as before. Speed is a feature, and PayPal is finally treating it as such. Get the Most Value is the third pillar, reflecting an emphasis on rewards, offers, and financial flexibility to keep customers coming back. This is where PayPal's acquisitions like Honey (for coupon and cashback finds) and its in-house Buy Now, Pay Later (BNPL) capabilities come into play. PayPal has become a major BNPL provider almost overnight – thanks to its scale, it approved over $20 billion in Pay Later volume within a couple years of launch. Now PayPal's pitch is 'Almost anywhere you PayPal, you can Pay Later', highlighting availability at millions of merchants as a competitive advantage over standalone BNPL firms. PayPal is aiming to be 'the best Pay Later, period' by offering maximum acceptance (via its vast network), flexible terms, and no late fees, with the goal of being the most affordable and widely used BNPL option. Beyond pay-over-time options, PayPal is also 'turbocharging rewards and purchasing power like never before.' This includes not only the typical cashback on its PayPal credit and debit cards, but new integrations of merchant-specific rewards and personalized offers. The PayPal wallet is getting 'smarter' about applying rewards and discounts – soon, all of a user's offers, rewards, and loyalty programs will stack automatically and be applied when they checkout. For example, if a user has a store's loyalty points and a PayPal promo offer, the app will layer both, ensuring the customer maximizes savings. Users can even set preferences to auto-enable features like BNPL for eligible purchases, giving 'maximum flexibility' without extra effort. And PayPal's value push extends after checkout: the app is introducing smart receipts that make it easy to track orders, handle returns, and even get tailored suggestions. These digital receipts will include personalized insights and product recommendations – for instance, remembering a user's size or style preferences to suggest complementary items on future visits. It's all about delivering more bang for the buck, so that customers 'keep coming back because of how much value PayPal unlocks for them.' All these efforts on the consumer side ladder up to a simple outcome: more PayPal at checkout. Every new use case (whether it's paying a friend, tapping a phone in a store, or buying crypto) is designed to feed the branded checkout flywheel. PayPal's data shows that the more types of transactions a user does in the PayPal ecosystem, the higher their lifetime value – 'every stat we have shows every consumer product leads to checkout,' as the team emphasized. The company's North Star is increasing what they call the selection rate – how often users choose PayPal when it's an option. By making PayPal available literally everywhere (online/offline, any device, any payment type) and adding incentives and simplicity, they aim to become top-of-mind for payments. PayPal is already among the most trusted brands in finance (it often ranks alongside or above banks in consumer trust) and boasts the largest active user base in digital wallets (3× the size of the next largest competitor). With that foundation, the new consumer strategy is about deepening engagement: turning occasional users into power users. Early signs are encouraging – in 2024 PayPal's cohort of 'power users' (highly active customers) grew 10%, and the number of inactive users actually dropped by 4% as re-engagement efforts kicked in. More concretely, PayPal shared that among Venmo users (we'll delve into Venmo shortly), getting someone to go beyond just P2P raises their ARPA (average revenue per account) from $0 to $67, and if they start using more financial tools or bringing funds in, ARPA exceeds $100. Those numbers illustrate the payoff of cross-selling multiple products. The endgame: a two-sided network where consumers habitually use PayPal for everything, and merchants see PayPal usage translating to higher sales. -------------------------- Source: PayPal Investor Day 2025 presentations; PayPal Newsroom and developer blog; Company press releases on new product initiatives; Internal metrics and quotes from PayPal's CEO and product leaders. All facts and figures are drawn from these official PayPal sources. Disclaimer: Fintech Wrap Up aggregates publicly available information for informational purposes only. Portions of the content may be reproduced verbatim from the original source, and full credit is provided with a "Source: [Name]" attribution. All copyrights and trademarks remain the property of their respective owners. Fintech Wrap Up does not guarantee the accuracy, completeness, or reliability of the aggregated content; these are the responsibility of the original source providers. Links to the original sources may not always be included. For questions or concerns, please contact us at


Daily Mirror
2 days ago
- Daily Mirror
'I'm a money expert - 3 simple rules will help you become instantly richer'
Multi award-winning Chartered Financial Planner, Certified Coach, author of The Money Plan, and Sunday Mirror columnist It's time to get serious about your money... The cost of everything has increased, yet wages and pensions haven't kept up. It's tough out there. Therefore it's essential you know your numbers – money isn't as complicated as you might think. Clarity gives you the ability to make better decisions and live the life you want to live. We can't put life on pause because the economy is out of whack. I often refer to ALIE as every financial planner's best friend: assets, liabilities, income and expenditure. The hardest step is the first one – so where should you begin? Get organised Start by working out what's coming in and what's going out. If you're struggling financially, or anticipate you will be soon, it's so easy to bury your head in the sand and ignore the problem. It's also the worst thing you can do. List all of the money coming in and going out every month (some of the online-only banks can automate this process for you) so you know where you stand. You might even find direct debits for things you stopped using long ago. Look through credit card statements – regular payments made by a credit card can often be missed when you review your expenditure, make sure you include these too. Next, look at what you owe and what you own. If you've got outstanding debts, write them down. Make sure you're on the lowest interest rate you can get by contacting any credit card providers. It's fair to expect interest rates to start to reduce, therefore your borrowing costs may also reduce. Take this opportunity to review the market and consider a better deal. Finally, don't forget to organise what you own, including which companies your pensions are held with. Get the best deals and tips from Mirror Money WHATSAPP GROUP: Get money news and top deals straight to your phone by joining our Money WhatsApp group here. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice. Cut outgoings Go through each item of expenditure and ask yourself three things: Do I need this? Do I want this? Can I get a similar experience for less? Unless you plan to rely on savings, you've simply got to have more coming in than going out. If you're taking a financial hit at the moment, that might mean making tough choices and some cuts you don't want to make. Your TV subscriptions might need downgrading, or that phone upgrade might just have to wait. Also, consider reviewing your energy bill and fuel costs. I regularly look at the price of the electricity I use and I shop around to get a better deal. Remember, if you're struggling, this period doesn't have to last forever; it's to get you through this difficult time until you're back on an even keel. Increase incomings At the same time, think about any ways you can improve your earnings. Thanks to the likes of eBay, Vinted and Facebook Marketplace, it's never been easier to sell unwanted items my 18-year-old daughter sells her unwanted clothes on Vinted and Depop, I am sure you can too. If you're on a modest income, have lost your job or have children, it may be worth checking out the website to check your eligibility for any benefits. It's a great resource that may surprise you. And you could also consider any online training or upskilling you could do to improve your salary in the future, or returning back to full-time education using the Advanced Learner Loan at If you already have a skill, you could consider a side hustle using sites like or Armed with information, you can improve your financial position and make it through the storm, you may decide to carry on your new habits to build the financial future you desire.


Daily Record
3 days ago
- Daily Record
Panasonic dishes out £100 takeaway vouchers and 15% off 'first class' OLED TVs
Panasonic customers can save hundreds on a new OLED smart TV this month and bag a £100 voucher for Uber Eats, Just Eat and Deliveroo. Panasonic is knocking hundreds off smart TVs and giving away free takeaway vouchers in an enticing dinner and a movie deal. For a limited time, shoppers can get 15% off select OLED smart TVs and £100 takeaway vouchers for Uber Eats, Just Eat and Deliveroo. Customers can opt for £100 supermarket vouchers if they prefer, to be used at Sainsbury's, Marks and Spencer, Waitrose or Tesco. To get the deal, shoppers need to add an eligible Panasonic OLED TV to their basket and enter the coupon code Z6015. However, the deal isn't around for long and is due to end at 11.59pm on July 31. It's available with two OLED models, including the 55' Z60 4K OLED Ultra HD TV. This model has already been reduced from £1,199.99 to £799, but shoppers can snap it up for £679.99 with the coupon code Z6015 – a total saving of £520. Those seeking a larger model can opt for the 65' Z60 4K OLED Ultra HD TV, which drops from the already reduced £999.99 to £849.99 with the same code – a £650 drop from the original £1,499.99 price tag. The Panasonic Z60 range is said to deliver deep blacks, vibrant colours and stunning contrast thanks to its 4K OLED panel. It also boasts Dolby Vision and 4K Colour Engine Pro, a processing chip that enables the TV to produce natural colours while enhancing brightness and dynamic contrast whether watching the latest blockbuster or gaming. With Dolby Atmos surround sound built in, audio appears to be coming from all around in an immersive soundscape that follows the action on screen. As well as easy access to major streamers like Netflix and Disney+, the Z60 includes Freely, the streaming app developed by BBC, ITV, Channel 4, and Channel 5. This offers access to live TV and on-demand content over Wi-Fi without subscription fees or additional hardware. Other standout features include Game Mode Plus, which ensures 'lightning-fast' response times and minimal input lag, as well as the TVs frameless design. The Panasonic deal rivals Samsung's summer sale, which offers up 15% off its own OLED range with the code TV, such as the 2025 48' OLED S93F 4K Vision AI Smart TV (£1,169.10). Those looking to spread the cost may want to consider the new Sky Glass Air, Sky's own 4K UHD smart TV priced from £6 across a period of time. The only catch is this model must be taken alongside a Sky TV and Netflix bundle, starting at £15. But the Panasonic Z60 has won over shoppers, who have awarded it an average 4.6-star rating. One happy customer said: 'First class. Picture quality is unbelievable.' Another said: 'Exceeds expectations. Excellent picture quality and sound.' A more mixed review was impressed with the TV but criticised Panasonic's support, saying: 'Nice sound and picture. However, the user manual lacks any useful detail especially on the inputs and outputs. I even tried support but they didn't have a clue.' While another five-star review said: 'Amazing OLED TV. Excellent picture quality and operating system. Easy to connect to WiFi and download streaming apps. It can even function as a games console, easily pairing a Bluetooth game remote to play games without the need of a separate console. Casting from your phone or other device is very easy, running either android or iOS.'