Cash here to stay, at least as a store of value

Central Banking Summer Meetings: As cash use in payments decline, it may become unprofitable for private actors

caged-cash

Participants in a discussion on access to cash on June 13 expected cash to remain part of payments. However, declining cash use would make it harder for the private sector to support cash services.

The discussion was part of a panel on access-to-cash policies at the Central Banking Summer Meetings in London.

Cash use in payments varied widely among the three European countries represented. In one Nordic country, cash use is minimal. In another western European country, cash is still used for

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