Cash usage keeps falling in Netherlands

Getting euros from a cash machine

The use of cash as a means of payment in the Netherlands continued to decline in 2018, according to data released by the Netherlands Bank on July 18.

Last year, Dutch consumers paid 37% of their purchases in cash, down from 41% in 2017. Cash also declined in transactions between consumers, falling to 59% of peer-to-peer transactions in 2018, down from 67% the previous year.

The data is the result of a joint study carried out by the Dutch Payments Association and the central bank. It also

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