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Cuban Anti-Cash Policies Damage Small Business Prospects

A range of government policies aimed at pushing Cubans towards cashless payments are ‘alarming’ for entrepreneurs and have encouraged some businesses to go cash-only for fear of losing access to the physical money vital to their operations.

The 2023 Global Payments Report from fintech company FIS shows ‘cash continues to play an essential role in most economies’, accounting for over $7.6 trillion in consumer spending throughout 2022.

2023 Payments Report Confirms Cash is Essential to Economies Worldwide

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We look forward to announcing further events in due course

<p data-block-key="349uz">In Chile, cash is used for 23% of POS transactions</p>

This figure comes from the latest 2023 Global Payments Report by fintech company FIS, which shows ‘cash continues to play an essential role in most economies’, accounting for over $7.6 trillion in consumer spending throughout 2022.

In Chile, cash is used for 23% of POS transactions

Ireland's Car Testing Service Reverses Cashless Course

Ireland’s National Car Testing Service (NCT) has been forced to reverse its plans to go cashless following a nationwide backlash that has once again put cash on the government’s agenda.

Cash Tops In-store Payments in Europe

The European Central Bank (ECB) reports that cash remains the number one choice for consumer payments, even as the share of electronic payments grows.

<p data-block-key="349uz">In Brazil, cash is used for 26% of POS transactions</p>

In Brazil, cash is used for 26% of POS transactions

White Paper "Virtually Irreplaceable: Cash as Public Infrastructure"

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White Paper "Virtually Irreplaceable: Cash as Public Infrastructure"

UK Sees a Rise in Cash Payments

Cuban Anti-Cash Policies Damage Small Business Prospects

Ireland's Car Testing Service Reverses Cashless Course

Why Central Bank Digital Currencies Cannot Replace Cash

Cuban Anti-Cash Policies Damage Small Business Prospects

2023 Payments Report Confirms Cash is Essential to Economies Worldwide

We look forward to announcing further events in due course

23%

Ireland's Car Testing Service Reverses Cashless Course

Cash Tops In-store Payments in Europe

We look forward to announcing further events in due course

26%

23%

26%

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