News

In Spain & Italy, Cash Is Still King

Most Europeans still cling to physical cash while, as Statista’s Katharina Buchholz notes, nations in Asia have embraced cashless payments the most.

This is the conclusion of the 2018 World Cash Report that lists different studies analyzing peoples’ habit to pay by cash or card (or even mobile).

While most of the studies are so called diary studies where people log their everyday lives, they are designed differently and might yield different results. Yet, comparing the figures proves interesting to gain a general understanding of which countries are more or less prone to use cash.

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