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, replaced cash. This article examines this phenomenon and the trends in cash and electronic payment methods in Finland. It … electronification, after which learning curve and dynamic regression models are employed to analyse changes in the share of cash … payments. Finally, forecasts are presented for the future path of the cash-share. The data indicate that the use of cards …
Persistent link: https://www.econbiz.de/10014062756
around the world, there is scant evidence of a shift away from cash. As the appetite for cash remains unabated, few societies … are close to “cashless” or even “lesscash”. In fact, demand for cash has risen in most advanced economies since the start … opportunity cost of holding cash) rather than by payment needs …
Persistent link: https://www.econbiz.de/10012925136
, Mozambique, Lesotho and Malawi.Note 5 focuses on cash as a payment instrument to explore the largely undiminished popularity of … cash. The different payment needs of consumers are introduced, analysed and compared with regard to the use of cash versus …
Persistent link: https://www.econbiz.de/10012828774
This paper examines the role of cash usage in the development of payment media. For that purpose, the basic trends of … change in payment media are scrutinized using European data. Although cash still clearly dominates in small retail payments … the same time, the distribution of cash has been moving from bank branches into ATMs. This paper focuses on the role of …
Persistent link: https://www.econbiz.de/10012751795
Digital payments or e-payments are a way through which, a payer and payee can made payments electronically. Here, both payer and payee make use of digital modes to perform any sort of transactions. Digitalization of the economy leads to transparency, accuracy, reliability and security for the...
Persistent link: https://www.econbiz.de/10012863683
, card transactions will increasingly replace cash and checks for all types of payments. Using different methods, the authors … likely to induce greater replacement of small value cash transactions are also illustrated …
Persistent link: https://www.econbiz.de/10012706108
Persistent link: https://www.econbiz.de/10012621568
By "hostility to cash" we refer to the recent trend of incentivizing individuals towards a (privately managed) digital … enduring flight to cash shows that this "relic" is even more essential in bad economic times. Restricting or eliminating cash …
Persistent link: https://www.econbiz.de/10012318591
Persistent link: https://www.econbiz.de/10012385316
The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While …-not better. Demand for digital currency will thus be weak in countries where cash use is already very low, due to a preference … for cash substitutes (cards, electronic money, mobile phone payments). Where cash use is very high, demand should be …
Persistent link: https://www.econbiz.de/10012009449