Cash

24 Feb 23 @ 12:47

Across major economies everywhere, inflation and the current rapid rise in the cost of living is having a profound effect on the way people pay, save and bank, with many... read more

07 Feb 23 @ 18:08

Digitalisation has changed, and will continue to change, the way people make payments. Today’s payment options are in some ways unrecognisable from what was available a decade ago. Using a... read more

06 Feb 23 @ 18:24

Payments Cards & Mobile’s exclusive annual review of European payments data from 33 European countries confirms the growth of online payments versus in-person, as well as the dominance of debit... read more

13 Jan 23 @ 12:50

There are worrying signs that the war on cash is not going well…Payments Cards & Mobile recently reported that in the UK consumers are switching back to cash in a... read more

10 Jan 23 @ 10:43

Cash is still the most frequently used means of payment at POS, but its share is declining according to the latest study on the payment attitudes of consumers in the... read more

15 Nov 22 @ 17:28

The Covid-19 pandemic had a significant impact on people’s payment habits, with cash use falling significantly, and by more than other payment types. This has led to some concerns that... read more

20 Oct 22 @ 13:12

The use of cash around the world dropped by one-third last year according to the World Payments Report 2022. This huge reduction in cash use happened as growing numbers of... read more

13 Sep 22 @ 17:19

It’s not news the COVID-19 pandemic and lockdowns accelerated an existing shift to digital financial services, including payments. The latest issue of the International Monetary Fund’s (IMF) Finance and Development... read more

05 Sep 22 @ 17:25

Early last week, Walmart asked the federal court handling the FTC’s lawsuit into money transfer fraud to dismiss it. Walmart’s brief lays out several reasons why the FTC’s case is... read more

05 Sep 22 @ 16:18

New figures from Lloyds Bank claims there has been a huge spike in the use of contactless payments on debit cards rising from 65% in June 2019 to 87% in 2022. Despite... read more

24 Aug 22 @ 13:17

In the last couple of years the global Covid-19 pandemic and associated lockdowns have led to significant changes in patterns of the UK payments market. Lockdowns resulted in large sections... read more

16 Aug 22 @ 13:25

Customers around the world made 69 billion cash withdrawals in 2021. This marks a small increase on 2020, a year with particularly low demand for cash as COVID-19 lockdowns kept... read more