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Cash: recent trends and future developments

Author

Listed:
  • Roberto Rinaldi

    (Banca d’Italia)

Abstract

In the euro area, cash will continue to be an important means of payment, especially at retail outlets. However, the increase in the use of contactless cards and mobile payments, the rise in online purchases and the growth of instant payments will lead to the erosion of cash as a payment instrument, at a pace as yet uncertain. The Eurosystem's stance on the choice of payment instruments is therefore a neutral one: it is up to the people and the operators to decide

Suggested Citation

  • Roberto Rinaldi, 2018. "Cash: recent trends and future developments," BANCARIA, Bancaria Editrice, vol. 12, pages 6-13, December.
    • Handle: RePEc:ban:bancar:v:12:y:2018:m:december:p:6-13
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    File URL: http://www.bancaria.it/en/cash-recent-trends-and-future-developments/
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    More about this item

    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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