CASH – OUR MOST IMPORTANT MEANS OF PAYMENT

04.07.2017

“Though electronic payments are becoming more popular, cash is still our most important means of payment.
A soon-to-be-published survey on cash use, carried out on behalf of the ECB, shows that over three-quarters
of all payments at points-of-sale in the euro area are made in cash.
In terms of transaction values, that`s slightly more than half.
So even in this digital age, cash remains essential in our economy.”

July 2017