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Payment News

The second payment methods survey of companies in Switzerland took place in Spring 2023, with 1,750 companies taking part.

News - March 26, 2024 midnight

News in Brief

The Federal Reserve has published its 2023 findings on consumer payment behaviour. Confusingly, this is based on the 2022 survey.

News - March 26, 2024 midnight

News in Brief

The European Union has developed plans to reduce money laundering. This includes a limit on cash payments of €10,000 (versus €3,000 as previously proposed).

News - February 20, 2024 midnight

Payment News

A new version of the famous Monopoly board game has been created, ‘Monopoly Voice Banking’, that has replaced paper cash with a voice-activated banker.

News - February 20, 2024 midnight

News in Brief

Even China isn’t immune from ‘less cash’. One bank, ICBC, has taken action in Taizhou in Jiangsu to remind people about the requirement for merchants to accept cash in its branches.

News - January 25, 2024 midnight

Payment News

A Barbadian bank announced that it will introduce fees from 1 February.

News - January 25, 2024 midnight

News in Brief

Perhaps a minority story, but a real life example of the strange things people do with banknotes. In Uganda, there is a trend for florists to design bouquets using banknotes.

News - December 20, 2023 midnight

Payment News

The Chief Minister for Bengal has questioned the government’s focus on cashless transactions.

News - December 20, 2023 midnight

News in Brief

A new paper has looked at the cash in circulation in 17 economies between 2001 and 20221.

News - November 28, 2023 midnight

Payment News

Japan has recently experienced a system failure that affected credit card payments at transportation hubs and shops.

News - November 28, 2023 midnight