In many countries people prefer cash over cashless. But what do you think, which one is currently the world’s most cash-reliant country? A hint: more than 3 out of 4 transactions are done there using banknotes and coins. Read here the results of a new research.
All over the media we read about the death of cash and the advent of a new, cashless, dawn. But Covid-19 has reminded us of how essential cash is to us all and instead of a decline this recent period has shown a near-unprecedented growth in demand.
During the Covid-19 pandemic media and health minsters advise against the use of cash as unhygienic. A new research report on how cash is currently being discussed in the media helps central banks answer apprehensions concerning cash as a germ carrier.
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