With almost everyone who is anyone in payments declaring war on cash these days, one might reasonably expect the paper currency’s days as a dominant or even important payment vehicle would be as good as numbered. Cash, we often hear, is inefficient, insecure, inextricably linked...
From digital to plastic ... and back again, with cash in hand or wallet or digital wallet to boot. PayPal has announced a cash back card with Mastercard. The push into payments in-store shows a bit of truism to the maxim what's old is new again....
According to a new study from PayPal reported by CNBC, consumers in the Asia-Pacific market are aware of the range of digital payment options available to them, but they still prefer to pay with cash. PayPal’s study, which polled some 4,000 consumers across India, China, Hong Kong, Singapore,...
Cash and contactless payments in Australia are all up in each other’s grills (er, barbies) over small-value transactions. And, according to the PYMNTS.com Global Cash Index™ Australia Analysis, cash is winning with more than 60 percent of these transactions powered by the cold, hard stuff....
In Australia, cash and card-based payments have long been playing tug-of-war. In 2017, however, the balance seems to be tilting away from cash with contactless card-based payments powering close to a third of POS transactions. So, is this the beginning of the end for cash...
The number of ATMs in the U.S. now stands between 475,000 and 500,000, a new milestone for the industry, which has suffered from years of stagnant growth. According to a press release announcing the news by the ATM Industry Association (ATMIA), the U.S.A. ATM market had been...
Think long and hard about the last time you carried physical cash or a business asked for cash only as a payment. While there are still some retailers today that have either a cash-only policy or still take cash, most consumers do not typically carry...
Cash is one of the more underrated players in the payments and commerce ecosystem. It’s often declared dead, innovators of all stripes are constantly declaring war on it and it is so out of style that even technologies relating to it are considered doomed to the...
For South African eTailers, accepting cash is not an ‘if,’ but a ‘must.’ According to the latest PYMNTS Global Cash Index™ South Africa Analysis, cash powers over 50 percent of consumer transactions and accounts for 58 percent of GDP. And while the technological infrastructure catches...
