News

Events

Studies

Key Fact

Italy Cancels Controversial Cashless Campaign

Italy’s government has ended a much-maligned scheme aimed at encouraging cashless payments over concerns around its cost, fairness and abuses of the system.

More Contactless Payments Don’t Mean Less Cash Use

Increased use of contactless payments does not automatically equal a reduction in cash use, according to a study of Swiss bank customers, which found no evidence of payment innovations having a significant effect on either payment choice, or demand for physical money.

Further events TBC

We look forward to announcing further events in due course

<p>85% of U.S. consumers will likely walk out of a business where they can&#x27;t use their preferred payment choice</p>

This statistic is from Square’s Making Change Report, which examines the use of cash versus cashless payment options. From February 2020 to the end of February 2021, the share of businesses reporting they are cashless has doubled in Australia, Britain, Canada, and the U.S. It has also close to doubled in Japan, though the country's overall share of cash transactions remains far higher than the other surveyed countries at around 76%.

85% of U.S. consumers will likely walk out of a business where they can't use their preferred payment choice (SQ, 2021)

Cash is Thriving in Canada

Cash use in Canada is rising and demand for notes and coins remains buoyant as its economy processes the shock of 2020. The Bank of Canada’s latest report shows 80 percent of citizens have no plans to go cashless, and the number of people saying they already have is in decline.

Paying with Cards Creates Craving to Spend More

<p>In Nigeria, 69% of point of sale payments are made in cash</p>

This statistic is from the 2021 Global Payments Report, which explores how businesses and economies are learning to navigate the pandemic, with the evolution of payment options being a key element of rebuilding.

In Nigeria, 69% of point of sale payments are made in cash (FIS, 2021)

White Paper "Virtually Irreplaceable: Cash as Public Infrastructure"

Around the World

Africa, Middle East & India

Asia Pacific

Europe

Latin America & Caribbean

The United States & Canada

Why Cash Matters

About Us

News & Articles

Key Facts

Support Cash

cm-video-freedom-matters-thumb.original1.png

cm-video-choice-matters-thumb1.original.png

cm-video-cash-matters-thumb.origina1l.png

Cash Matters channels the voices that support the existence and relevance of cash within the payment industry landscape.

Recently asked

Latest feature

White Paper "Virtually Irreplaceable: Cash as Public Infrastructure"

Italy Cancels Controversial Cashless Campaign

Cash is Thriving in Canada

British Retailers Up in Arms About Rising Card Fees

Small Businesses Dismayed by Rising PayPal Fees

Turks Choose Cash for Privacy

Italy Cancels Controversial Cashless Campaign

More Contactless Payments Don’t Mean Less Cash Use

We look forward to announcing further events in due course

85%

Cash is Thriving in Canada

Paying with Cards Creates Craving to Spend More

We look forward to announcing further events in due course

69%

85%

69%

Stay up to date with Cash Matters.