However, cash was still by far the most popular way of paying in pubs, clubs and newsagents.
A Treasury spokesman last night stressed that the Government remained committed to cash.
Tory MP Jacob Rees-Mogg said the firm should be referred to the competition authorities if it tried the move.
'It is essentially the behaviour of a monopolist and I do not think it should happen,' he said.'People should be entitled to settle their bills using legal tender.
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However, he says the time spent was “valuable and will show in every aspect of this remarkable product.” Voigt added, “Trailblazer Firearms fully intends to spearhead innovative new firearms products starting with the Life Card®, available later this month.
New designs and true innovation have been the exception and our goal is to be the pioneer laying new trails for gun enthusiasts, designers and manufacturers.” AWR Hawkins is the Second Amendment columnist for Breitbart News and host of Bullets with AWR Hawkins, a Breitbart News podcast.
Visa claims that preventing customers from paying in cash would make transactions more secure.
'We very much hope to bring a similar initiative to the UK in the near future,' he said.'The UK is a bit further ahead than the US in terms of contactless use and cashlessness, so the initiative may look different but watch this space.' But James Daley, director of consumer group Fairer Finance, accused Visa of 'bribing companies to stop using cash more quickly' to make more money. Its chairman, Mike Cherry, said: 'The vast majority of our members recognise the importance of offering cashless payment options.
However, many have high volumes of customers that still want to pay in cash.'In 2015 the amount of payments made electronically in Britain surpassed the number using coins and notes for the first time.
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