Debit cards
CBDCs are unlikely to be successful
Most money is already digital, and currency has lost its central function, writes former Barbados governor DeLisle Worrell
Egypt restricts foreign currency credit card payments
The move comes after the central bank restricted debit card use abroad
Myanmar official says Mir payments will launch in October
Central bank leader had predicted the Russian card would start circulating last year
Cuba limits cash transactions and ATM access
Central bank measure provokes scepticism and concern
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
Russia’s Mir cards now working in Venezuela
Russian payment cards advance in Latin America, but get sanctioned by Canada
Nigerian central bank caps contactless payments
Move limits consumers’ daily contactless payments to $66
Chile’s cash use has rebounded since pandemic, survey finds
Cash remains the primary payment method for small purchases, though card use has risen
Venezuela may join Russian card network
Mir system suffered major setbacks last year after US warning
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
Bank Negara Malaysia commits to improve financial inclusion
BNM says the pandemic has eroded many people’s financial buffers
The behind-the-scenes effort to convert Ukrainian refugee cash
How central and commercial banks worked to allow Ukrainians to exchange cash in wartime
Kentucky restaurant sues Fed
Restaurant latest plaintiff to argue that debit interchange fees are illegally high
Eurozone citizens still use cash in majority of transactions
Cash use declines since 2019, but still makes up almost 60% of transactions
Russia’s Mir forced into retreat
Banks and payment systems across Asia banish Russian cards after US warnings
Chileans’ use of electronic payments is on the rise
Central bank report finds rapid increases in card and online payments.
Cash remains most common means of payment in Germany
But share of cash payments dropped from 74% in 2017 to 58% in 2021, Bundesbank finds
Visa, Mastercard and Amex suspend Russia operations
Bank of Russia says domestic payments will still be possible across its own systems
North Korea issues coupons instead of cash
Experts say closing of Chinese border due to Covid-19 may have halted banknote production
Canadians ditched cash during pandemic, research shows
Central bank data shows cash withdrawals fell in comparison to debit card transactions
RBI bans Mastercard from taking on new customers
Indian central bank sanctions card issuer over failure to store all payments data locally