Cash Payments news and trends

$100 Bills Jump in Volume Despite Merchant Distaste
Cash // February 25, 2024

America’s most common form of currency might also be its least wanted. There are now more $100 bills in circulation than any other denomination, with the number of these bills doubling between 2012 and 2022, The Wall Street Journal (WSJ) reported Sunday (Feb. 25), citing...

Asda Picks NCR Atleos’ ATMs as Businesses Push Cash Use
Cash // November 27, 2023

British retailer Asda has picked NCR Atleos to bring new ATMs to its stores. The collaboration, announced Monday (Nov. 27), means that Asda customers will soon be able to withdraw cash from Atleos machines at more than 600 stores. “By implementing Atleos ATMs Asda will deliver a convenient cash...

Discounts for Cash Purchases Jump 66% Since 2015
Cash // October 15, 2023

Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now offering discounts for paying for cash as a way to avoid credit card transaction fees.  The report, citing data from...

Square Promises ‘Full Review’ After Widespread Outage
Payments As A Service // September 08, 2023

Square has said it will investigate and publish a full review of an outage that impacted merchants for about 19 hours late Thursday (Sept. 7) and early Friday. The payments platform said in a Friday post on X that the outage began Thursday and it was aware...

Interviews & Exclusives
Billers Challenged to Make Cash Part of the Digital Payments Experience

February 03, 2023
The conventional wisdom is that the shift to digital payments has led us all away from cash. Jamison Jaworski, GM-SVP of retail and Green Dot Network at Green Dot, and Nicole Haskins, vice president, electronic billing and payment solutions and innovations at Paymentus, told PYMNTS that cash is still sticky, and still is a vital […]

Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption

January 15, 2023
Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on an initial proposal to ditch...

From Cash To Real-Time Payments

December 06, 2018
Forty countries: That’s how many places either have real-time payments programs in progress or live. That’s progress. Yet, there is more work to be done. In the latest edition of...

Paidy Tries To Simplify Mobile Payments — And Please Merchants While Doing So

July 26, 2018
A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method that can come pretty close to resembling cash....

Quick Reads
Sweden’s Central Bank Proposes Rules to Facilitate Use of Cash

March 14, 2024
Sweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay with cash or digital payments. The central bank also called for an expansion of the Swedish government’s current inquiry into the use of cash to pay for essential goods, the Riksbank said in a Thursday (March 14) press release announcing […]

$100 Bills Jump in Volume Despite Merchant Distaste

February 25, 2024
America’s most common form of currency might also be its least wanted. There are now more $100 bills in circulation than any other denomination, with the number of these bills...

Asda Picks NCR Atleos’ ATMs as Businesses Push Cash Use

November 27, 2023
British retailer Asda has picked NCR Atleos to bring new ATMs to its stores. The collaboration, announced Monday (Nov. 27), means that Asda customers will soon be able to withdraw cash from Atleos machines...

Discounts for Cash Purchases Jump 66% Since 2015

October 15, 2023
Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now offering discounts for paying for...