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  • Journey’s end for travelers’ checks with just one in 12 holidaymakers using them

    05/27/2013 12:31:23 AM PDT · by Olog-hai · 8 replies
    Mail on Sunday (UK) ^ | 16:02 EST, 26 May 2013 | (Daily Mail Reporter)
    The trusty travelers’ check could be dying a death among British holidaymakers, a new study has revealed. Just one in twelve have used them in the past year and most people now prefer cash or cards. The survey examined the financial habits and preferences of Britons abroad, questioning more than 1,800 UK adults who had been to foreign parts in the last 12 months. Asked what kind of money they took away with them, the majority (78 percent) said hard cash, with 56 percent choosing debit or credit cards and 34 percent taking prepaid cards. Of the eight percent who...