Vaultex Global Cash Survey 2018

Jan. 6, 2019 Share Source
The latest Global Cash Survey, a Vaultex report, shows that cash will continue to play a vital role in economies all around the world.

While the war on cash rages on, central bank experts are not convinced that a cashless future is on the horizon.

Vaultex, one of the UK’s largest cash processors, tapped into the expertise of of 37 central banks around the world to gain a global perspective on cash usage, cash management challenges, and non-cash payment methods.

Key questions

In your opinion, what will be the main payment method by 2030?

  • 70% said cash
  • 15% said mobile
  • 6% said debit cards
  • 6% said credit cards

In your opinion, how long will cash remain an important method of payment in your country?

  • 41% said cash will always remain an important form of payments
  • 20% said 20 years
  • 18% said 10 years
  • 15% said 50+ years
  • 6% said 5 years

Excerpt from Vaultex Global Cash Survey 2018

Our survey, combined with these additional facts and figures, shows that cash will continue to play a vital role in economies all around the world – with 70% of respondents indicating that cash will still be the main payment method in their country in 2030.

The report looks at a number of topics including what central banks believe some of their main cash challenges will be in the years to come; how cash processing costs might be reduced; and whether non-cash payments, such as cryptocurrencies, will become common in the future.

Download Vaultex Global Cash Survey here

Last Updated: Jan. 22, 2019