(source: en.wikipedia.org)
Be it Western or Eastern Europe, when it comes to paying for daily transactions, consumers still pick cash — $3.6 trillion of the cold, hard stuff was spent in 2016, according to the latest PYMNTS.com Global Cash Index™ Western and Eastern Europe Analysis. But with...
Even with the growth of contactless and digital payments in Western and Eastern Europe, cash continues to cut itself a lion’s share of the payments pie — at least, when it comes to retail transactions. Get the Full Story Complete the form to unlock this...
Digital payments and cryptocurrencies like bitcoin may be getting all the attention, but that doesn’t mean cash doesn’t still reign supreme. At least, that’s the case in England anyway, with Bank of England’s (BOE) Chief Cashier Victoria Cleland adamantly stating that “cash is not in...
Cashless? Not yet. Not by a long shot. Cash still holds sway as the preferred payment method across a variety of options, as found by Cardtronics in a recent study. Turns out the green stuff is healthy (we ain’t talkin’ spinach). PYMNTS’ Karen Webster delves...
Cash is king—and that is particularly true when it comes to helping victims of Hurricane Maria in Puerto Rico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Lenders that were in the path of Hurricane Irma in the U.S. moved to get twice as much cash as normal last week, which resulted in two Florida Federal Reserve branches working tirelessly to meet that demand ahead of the hurricane making landfall. Get the...
In the Asia-Pacific, cash is fighting tooth and nail with emerging digital payment methods and is seemingly winning the race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Are ATMs due for a makeover? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
With almost everyone who is anyone in payments declaring war on cash these days, one might reasonably expect the paper currency’s days as a dominant or even important payment vehicle would be as good as numbered. Cash, we often hear, is inefficient, insecure, inextricably linked...