When it comes to payment usage in the U.K., cash is as close to British royalty as payments get — and not just because Queen Elizabeth appears on the country’s banknotes. Despite new innovations in payment technology, physical currency remains atop the throne in Britain. And,...
Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance. But ongoing reliance on paper invoices, continuing acceptance of paper checks and evolving business models are preventing companies – especially large multinationals – from grasping the power...
Be it Western or Eastern Europe, when it comes to paying for daily transactions, consumers still pick cash — $3.6 trillion of the cold, hard stuff was spent in 2016, according to the latest PYMNTS.com Global Cash Index™ Western and Eastern Europe Analysis. But with...
Even with the growth of contactless and digital payments in Western and Eastern Europe, cash continues to cut itself a lion’s share of the payments pie — at least, when it comes to retail transactions. With 75 percent of POS transactions being powered by cash,...
Digital payments and cryptocurrencies like bitcoin may be getting all the attention, but that doesn’t mean cash doesn’t still reign supreme. At least, that’s the case in England anyway, with Bank of England’s (BOE) Chief Cashier Victoria Cleland adamantly stating that “cash is not in...
Cashless? Not yet. Not by a long shot. Cash still holds sway as the preferred payment method across a variety of options, as found by Cardtronics in a recent study. Turns out the green stuff is healthy (we ain’t talkin’ spinach). PYMNTS’ Karen Webster delves...
Cash is king—and that is particularly true when it comes to helping victims of Hurricane Maria in Puerto Rico. According to a news report in CNBC, citing the Voluntary Organizations Active in Disaster, those looking to help can do the most good by making cash...
Lenders that were in the path of Hurricane Irma in the U.S. moved to get twice as much cash as normal last week, which resulted in two Florida Federal Reserve branches working tirelessly to meet that demand ahead of the hurricane making landfall. According to...
In the Asia-Pacific, cash is fighting tooth and nail with emerging digital payment methods and is seemingly winning the race. The region is now home to more than half of ATMs worldwide, which is helping drive use of cash, according to RBR’s latest forecast. With countries...
