@CashEssentials is an independent think tank offering a platform for debate about the payments and monetary ecosystems.
#Future_of_cash
Joined March 2016
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Cash remains vital in Germany despite declining usage. A @bundesbank study reveals its importance for reliability, inclusion, and education. While digital payments rise, cash's unique benefits ensure its continued relevance.
cashessentials.org/germany-t…
Despite digital payment advancements, cash remains essential for many globally, preferred even where its use is minimal. It serves as a precaution, store of value, and is crucial during crises. cashessentials.org/impacts-o…
On April 28, in Spain and Portugal, a massive electrical outage plunged 55 M people into a pre-electric age. It had significant impacts on digital payments and cash demand, highlighting the vulnerabilities of payment systems during infrastructure failures.
bit.ly/44pkXwb
While the media frequently report on ATM closures in mature economies, the industry is experiencing a surge of innovation. Driven by evolving consumers needs, the ATM landscape is transforming to enhance accessibility, convenience, and security.
bit.ly/4iKcYgy
Cash: A Basic Right We Must Preserve.
Beyond technicalities, cash serves as a unifying force in society that should not be underestimated.
cashessentials.org/cash-a-ba…
A new @bundesbank paper delves into the true costs of payments and shows that while cash is cost-effective per transaction, debit cards are economical relative to transaction amounts and credit cards are the most expensive.
cashessentials.org/publicati…
In an era marked by uncertainty, the future of cash is at a critical juncture. As digital payments evolve, the role of cash is being redefined. The focus should not merely be on adapting but on reshaping cash to ensure resilience for the challenges ahead. bit.ly/3EyuR40
The Spanish Congress hosted the conference "Financial Inclusion : Cash as a Safe and Sustainable Solution," organized by @DenariaFinance. The event discussed regulations restricting cash use and implications for the economy and national security.
bit.ly/3Eri4jI
Balancing Digital Payments & Access to Cash! 📱💸
As digital payments surge, the need for cash remains crucial for financial inclusion and stability. Discover how governments worldwide are safeguarding access to cash in the digital age. 🌍🔒
cashessentials.org/publicati…
