Londoners are moving away from cash faster than the rest of the country, according to new data.
Figures from Link, the firm behind the majority of the UK's cash machine network, shows the capital's residents and workers are taking out £500m less every month from machines compared to pre-pandemic levels.
There are also 2,069 fewer cash machines than there were in 2019.
It comes as some businesses are increasingly rejecting cash.
Pizza Hut is one large chain that has gone cashless, but some independent businesses, like restaurant The Indians Next Door in Spitalfields, East London, also only take card and digital payments.
Manager Tomasz Jakobowski said most people in the area wanted to pay by card anyway.
"It's easier, easy just to tap by card or by phone, easy, you pay and you go," he said.
Some stalls at nearby Spitalfields Market are also cashless. But less than two miles away in Watney Market, in Shadwell, it is quite the opposite. Traders there said cash remained king.
Makshudur Rahman, who runs the Mahfuj Jewellery shop, told BBC London: "In this area, some people [are] on very low incomes so they prefer cash because when you pay by card you don't know how much you're spending."
This video can not be played
Some are concerned that the poorest and most vulnerable groups could be affected by businesses going cashless
Link's data suggests many still rely on cash to budget their finances. And they are likely to be among the most deprived people in the capital.
Nick Quin, head of financial inclusion at Link, said: "Cash remains vital to 700,000 Londoners.
"London is using less cash, but it's not going cashless yet."
Abi Wood, from Age UK London, raised concerns about cashless transactions excluding older people.
She said while some were comfortable using apps and cards to pay for things, there was a "sizeable minority" who relied on cash.
"This move to a society where cash is increasingly rarely being accepted, it's isolating them," Ms Wood added.
The UK government has said it does not plan to introduce a similar rule to one in Slovakia, where the parliament passed an amendment to the constitution guaranteeing citizens the right to pay in cash.
A Treasury spokesperson told the BBC it was up to businesses what payments they accepted, adding: "We have taken action to encourage businesses to continue accepting cash by ensuring that the vast majority will be within three miles of cash withdrawal and deposit facilities."
Follow BBC London on Facebook, Twitter and Instagram. Send your story ideas to hellobbclondon@bbc.co.uk
Warning millions would struggle if cash phased out
Rival banks join forces to protect future of cash
Teenager in custody after 15-year-old girl with ‘bright future’ fatally stabbed
‘Lovely man’ John Feather killed in flat blaze tragedy
Herne Hill is home to the UK’s biggest open mic night for young musicians
Hundreds of homes without power as Storm Agnes hits UK
Two South Bank parks receive top prizes in London-wide competition
Forensics spotted with roses after girl fatally stabbed in Croydon
Travis King in US custody after North Korea expulsion
Republicans to square off in second presidential debate
A QAnon 'queen' and the town that wants her gone
Armenians rush to help Karabakh ‘brothers and sisters’
Iraq wedding fire: 'It was like Hell's doors opened'
Could cannabis help with Ukraine's veteran crisis?
Young people sue 32 countries over climate change
'My dream was to wear whatever I wanted'
Fifa's name change to EA Sports FC is big gamble
The election with India and China on the ballot
Air India 1985 bombing back in news after Canada row
The costly economic practice here to stay
Are we at the brink of a 'bug-pocalypse'? Video
A 'beach towel revolt' sweeping Greece
The rise of 'finfluencers'
© 2023 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.