Universal Access to Payments Required

The Bank for International Settlements (BIS) has created an open access database of data relating to retail payment for 95 countries from September 2019 to June 2022.

Cash Usage - January 31, 2023 midnight

UK Retailers Demand Intervention as Payments Shift to Cards

The British Retail Consortium has just published its 2021 survey of its members who account for 36% of total UK sales from 25,000 shops. While card usage soared, so has the cost of card payments, prompting the BRC to demand emergency intervention by the government to prevent price gouging by the card companies.

Cards - December 21, 2022 midnight

What Drives Consumer Payment Behaviour?

In 2019 National Westminster Bank (NatWest) commissioned independent academic research to look into the drivers of consumer payment behaviour, including consumer attitudes and intentions towards cash. The research was carried out by Professor Darren Duxbury, Dr Thanos Verousis and by David Marsh. This is a short summary of their work with the full research being published in due course.

Surveys - June 22, 2021 midnight

Snapshot of Asia in 2021

YouGov have issued their 2021 Global Banking and Finance Report, having surveyed 1,000 people in 17 countries representing a nationally representative sample with three exceptions. These were China, where sampling was ‘online representative’, India ‘nationally urban representative’ and Mexico, which was nationally representative but with an urban bias. Six Asian countries were involved – Australia, China, Hong Kong, India, Indonesia and Singapore.

Surveys - May 19, 2021 midnight

Federal Reserve Survey Reflects Changing Cash Usage

In October 2020 the Federal Reserve’s national Cash Product Office (CPO), with the Federal Reserve Bank of Atlanta and Federal Reserve Bank of Boston, conducted the annual Diary of Consumer Payment Choice survey.

Cash Usage - March 5, 2021 midnight

‘Ready, Steady, Go’? Results of the 3rd BIS Survey on CBDC

The Bank of International Settlements (BIS) received 65 responses to its latest Central Bank Digital Currency (CBDC) survey of which 21 were from Advanced Economies (AE) and 44 from Emerging Market/Developing Economies (EMDE). The results are published in BIS Papers 114, authored by Codruta Boar and Andreas Wehrli.

Surveys - March 5, 2021 midnight