Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in … cash remains so important. We propose a two-stage empirical framework which jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in … cash remains so important. We propose a two-stage empirical framework which jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

mostly with cash (31 percent of payments), debit cards (27 percent), and credit cards (18 percent). These instruments … percent of the number of payments. The average value of a cash transaction was $22, compared to $112 for the average noncash … transaction (and $84 for all transactions). The average value of consumers' holdings of cash on their persons (in pocket, purse …

average made about two payments per day. For the month, they paid mostly with cash (40 percent of payments) and debit cards … and the dollar value of expenditure. For example, consumers tend to use cash more often than other instruments for small …

preferences, especially those related to cash and credit cards. To get an update on consumers' use of the various payment methods … declines in cash use ― a return to the long-term trend ― and increases in credit card use, perhaps signaling some return of …

support the view that debit cards are more costly for merchants to accept than other payment instruments, like cash or check …