Tag: cash

A cashless utopian future? Sure, but it may take some time

A cashless utopian future? Sure, but it may take some time

Written by on August 7, 2017 in Guest Blog with 0 Comments

The death of cash in the U.K. is a slow burn and we often feel like the poor relation when compared to progressive countries like Denmark and Sweden where cash is increasingly marginalised. Much has been written about the costs of taking cards and how it puts retailers at a disadvantage compared to taking cash. […]

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The cost of payments in Canada and why cash is so expensive

The cost of payments in Canada and why cash is so expensive

Written by on May 18, 2017 in Guest Blog with 0 Comments

As I was in Canada, I thought I might mention that a detailed investigation into the cost of payments at POS just released by the Bank of Canada shows (absolutely as I would have predicted given the scale and dynamics of the Canadian market) that Debit cards are the least costly in terms of total […]

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Cash is disappearing in Europe, one in five don’t carry it

Cash is disappearing in Europe, one in five don’t carry it

Written by on May 10, 2017 in Guest Blog with 0 Comments

Well, this is interesting. On the very day of Consult Hyperion’s 20th (yes, 20th) annual Tomorrow’s Transactions Forum to discuss the future of secure electronic transactions and much besides what should fall through the internet tubes but the fifth annual “ING International Survey Mobile Banking 2017 – Cashless Society“, which surveyed nearly 15,000 people across […]

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Why cash is not good for the less well off, take India for example

Why cash is not good for the less well off, take India for example

Written by on January 31, 2017 in Guest Blog with 0 Comments

Down at the PayExpo Middle East and North Africa (MENA) in Dubai this year, I saw an excellent presentation from Uber India. One of the most interesting things I learned was that because most Indian Uber rides are paid for in cash, the Modi government’s radical experiment in currency reform hit them hard. As cash vanished […]

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How to buy fish in Goa – hint: with cash, or electronic cash

How to buy fish in Goa – hint: with cash, or electronic cash

Written by on January 6, 2017 in Guest Blog with 0 Comments

We are all still processing the data coming in from India’s radical experiment with cash, and I still think that is way too soon to pass any judgement at all on whether the experiment has been worthwhile or successful, but it is interesting to see some of the immediate effects of the government’s policy of […]

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Gloria Hunniford and how it is easier for others to get her cash than her

Gloria Hunniford and how it is easier for others to get her cash than her

Written by on November 4, 2016 in Guest Blog with 0 Comments

I was relaxing watching the marvellous BBC programme “Rip Off Britain” the other day. It was a live episode [online here] featuring the noted and venerable British television celebrity Gloria Hunniford. The subject of the programme was bank security and it featured Gloria herself investigating how she was ripped off by bank fraudsters. Basically, a […]

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Would a society without cash crush crime?

Would a society without cash crush crime?

Written by on April 15, 2016 in Guest Blog with 0 Comments

This time last year there were approximately £70.5 billion in notes and coins “in circulation” in the UK. Now, there are approximately £74.5 billion in notes and coins “in circulation” in the UK. That’s a rise of 5.7% in a year when the economy grew by about 1.8% and the use of cash in retail transactions […]

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If cash is king – the king is dying

If cash is king – the king is dying

Written by on January 21, 2016 in Billing & Payments, News with 0 Comments

Cash could become history within a decade, thanks to new financial instruments, including virtual currencies, some of the world’s leading bankers said during the World Economic Forum on Wednesday (20 January). The impact of technology, the overarching theme of this year’s meeting, will be very significant. The evolution would be so significant that John Cryan, co-CEO […]

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Are e-payments eating cash?

Are e-payments eating cash?

Written by on November 23, 2015 in Guest Blog with 0 Comments

One of the projects we have been working on for a client involves looking at the relationship between cash and electronic payments in different markets. It’s not germane why or what we concluded, but I would like to open up some discussion around the topic. If you look at (for example) the US figures, you […]

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Cash is still king (just)

Cash is still king (just)

Written by on February 13, 2015 in BillingViews, Opinion with 0 Comments

With all the hype around mobile payments, it would be great to report that some new widget or gadget was the most popular payment method. The truth, according to a survey by Compass Plus, shows that in the UK cash is still king. Beyond the headline, though, is a clear trend that says customers are […]

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