Payments:Unpacked

Payments:Unpacked

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Payments:Unpacked
3.0: Cash is POS king (in Europe)
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3.0: Cash is POS king (in Europe)

Cash is still responsible for more than half of all point-of-sale transactions, according to a European Central Bank study

Jan 06, 2025
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Payments:Unpacked
Payments:Unpacked
3.0: Cash is POS king (in Europe)
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Cash is POS king (in Europe)

While the use of digital payments continues to rise in the euro area, cash is still responsible for more than half of all point-of-sale transactions, according to a European Central Bank study.

In terms of number of payments, cash is used in 52% of POS transactions, down from 59% in 2022.

In terms of value, cards are the most …

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