The Bank for International Settlements (BIS) has published a working paper examining the relationship between innovation, economic growth and informal activities. This is based on data from 101 economies from 2014-2019.

A study commissioned by the Polish Cashless Foundation has reported that nearly half of respondents to a survey withdrew cash from store registers. Threequarters were aware this was possible.

The 2024 Diary of Consumer Payment Choice in the US found payment transactions increasing 46 per month (up seven) but cash use stable (seven per month), and therefore falling as a share of payments. Cash held as a store of value and as a backup payment instrument remained ahead of 2020 numbers.

Visa has laid out its payment plans for the future. The focus is on making payments personalised for the individual user, convenient and secure.

Apple has responded to an antitrust case brought in 2022 in Europe. It is offering to allow iPhone users to make contactless payments using third-party providers.

In February A$9.5 billion was withdrawn from ATMs in Australia. This figure is being used by campaigners to argue that it is Australia’s banks, rather than Australia’s people, who are driving cash out.

Payment technology has had a bad time in the UK recently. Four major firms have had IT issues that hit contactless payments– two food outlets (McDonalds and Greggs), two supermarkets (Sainsbury’s and Tesco).

It appears that Vermont is the latest US state to consider introducing legislation to force cash acceptance.

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

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