Friday 28 April 2017

Europeans are increasingly giving up on the cash (1)

The cash may still be a "cure" for most Europeans, but it is beginning to lose its attractiveness. A new study shows that nearly one in three Europeans would be happy to get rid of the cash.
Twenty percent of people rarely carry physical banknotes or coins in their wallets, with 1% claiming they did not needed cash for more than a year.
At the same time, more than half of the respondents said in a new study by Ing Bank that they needed less cash in the last year.
More than half of respondents believe they will use fewer physical banknotes in the next year.


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