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5 reasons why cash doesn’t go out of fashion | Banking.com

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According to the latest PYMNTS.com Global Cash Index, cash is the most widely accepted method of payment in the biggest Western European economies, where €2.1 trillion of cash transactions were completed last year.

From 5 reasons why cash doesn’t go out of fashion | Banking.com

Well, it might be the most widely accepted but it’s no longer the most widely used.

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According to the new research, consumer card payments will surpass cash payments for the first time in 2016, registering USD $23.1 trillion globally.

From Consumer Card Transactions Overtake Cash Payments for the First Time in 2016 | Business Wire

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