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According to European Central Bank

Gradual change seen in euro area payment behaviour

3 mins read

The FINANCIAL --  Cash most popular instrument for in-person retail payments, but use gradually declining, Card payments becoming increasingly contactless, Survey suggests coronavirus pandemic has accelerated use of cashless payment methods. Euro area consumers are gradually shifting towards cards for in-person retail payments, although cash remained the most used instrument at the end of 2019, data published today by the European Central Bank (ECB) show.…

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Gradual change seen in euro area payment behaviour

3 mins read

The FINANCIAL --  Cash most popular instrument for in-person retail payments, but use gradually declining, Card payments becoming increasingly contactless, Survey suggests coronavirus pandemic has accelerated use of cashless payment methods. Euro area consumers are gradually shifting towards cards for in-person retail payments, although cash remained the most used instrument at the end of 2019, data published today…