Society can't do without cash, says central bank

11 years, 9 months ago

Society can't do without cash, says central bank

Debit card use is increasing steadily but cash remains the dominant form of payment in the Netherlands, according to a new report from the Dutch central bank. The volume of debit card payments at Dutch points of sale increased from €81bn in 2010 to €84bn in 2012, while cash withdrawals at ATMs dropped from €52bn to €49bn. Yet cash is still much more popular as a payment method, with 3.8 billion cash payments made in shops in 2012, compared with 2.5 billion card transactions. While it is not opposed per se to experiments with cashless shops, the central bank ‘would regard any larger-scale refusal or pricing of cash payments as undesirable’.

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Bank ATM outages rise after call for more cash

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We are right not to give up on cash – but can we rely on our banks?

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We are right not to give up on cash – but can we rely on our banks?

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Cash is freedom and independence which is why ‘progressives’ want to abolish it. In a card-only society, the State will know EVERYTHING about us, says PETER HITCHENS

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Dutch central bank says too many retailers refuse cash payments

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Dutch central bank says too many retailers refuse cash payments

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Cash is still king: central bank calls for action to keep notes and coins

3 years, 9 months ago

Cash is still king: central bank calls for action to keep notes and coins

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Cash is still king: central bank calls for action to keep notes and coins

3 years, 9 months ago

Cash is still king: central bank calls for action to keep notes and coins

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Are we moving towards a cashless society in the near future?

3 years, 9 months ago

Are we moving towards a cashless society in the near future?

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Most NL residents believe cash will still be common in five years

3 years, 10 months ago

Most NL residents believe cash will still be common in five years

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Why The Idea Of A 'Cashless Society' Is So Dangerous

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Cash is still king: most shops and bars still accept notes and coins

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Cash is still king: most shops and bars still accept notes and coins

Sweden's Cashless Experiment: Is It Too Much Too Fast?

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Cashless world, digital payments and all that

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Dutch central bank concerned about decreasing use of cash

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Dutch central bank concerned about decreasing use of cash

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Cashless society looms as debit cards jump into lead

6 years, 9 months ago

Cashless society looms as debit cards jump into lead

The Independent

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Cash no longer king for the Dutch as electronic payments take over

6 years, 10 months ago

Cash no longer king for the Dutch as electronic payments take over

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One in six Brits now a 'card-only' shopper as UK moves closer to becoming cashless society

7 years, 6 months ago

One in six Brits now a 'card-only' shopper as UK moves closer to becoming cashless society

The Independent

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Cash is falling out of fashion — will it disappear forever?

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Cash increasingly out of favour in Dutch shops and bars

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Moving towards cashless economy – What if cash had an expiry date?

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Forget Bitcoin and mobile payments, cash is still king of the world

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In rush to go digital, don't junk cash yet

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Is a cashless society really on the cards?

11 years, 8 months ago

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Society can't do without cash, says central bank

11 years, 9 months ago

Society can't do without cash, says central bank

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DutchNews.nl

DutchNews.nl

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Only one in 12 adults ‘still uses coins and banknotes all of the time’

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