Friday 28 April 2017

Europeans are increasingly giving up on the cash (2)

The future of the cash is increasingly being questioned by experts, with the development of dematerialized payment systems and the evolution of smartphones and mobile payments.
Life without physical money is not only possible, but it can also be favored by a large majority of Europeans, market observers say.
Still, people who use traditional money are many and can be described as "traditionalists". 82% of those who have not used less cash in the past year say they do not intend to do so in the next.
Nearly three-quarters of all Europeans are of the opinion that they are not yet ready to give up physical money altogether.


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