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Why Cash Matters

calendar iconAug 11, 2021

Smart and online technologies are changing the way we pay, however, cash is still the most attractive means of payment for a huge majority of people worldwide. We look at 10 key reasons for the relevance of cash. Cash ensures stable currency systems. It is not only the most secure means of payment and resilient in terms of crisis, it also reflects a nation’s identity as banknotes and coins are often a nation’s calling card, valued by people beyond their monetary worth.

Cash is democratic and inclusive

Cash is democratic and inclusive

Cash protects privacy and freedom of choice

Cash protects privacy and freedom of choice

Cash is secure

Cash is secure

Cash keeps growing

Cash keeps growing

Cash minimizes  risk

Cash minimizes risk

Cash is universal

Cash is universal

Cash satisfies a universal inherent need

Cash satisfies a universal inherent need

Cash is tangible

Cash is tangible

Cash is cost-efficient

Cash is cost-efficient

Cash is resilient

Cash is resilient

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