Only one way to turn this around: More Users!
How - I don’t know
It needs to happen, though. Maybe we can buy some late night infomercial TV spots
Why low hits?
Moderators: avij, Phaseolus, Fons
Re: Why low hits?
Well, the problem is that in some countries like NL and FI people are becoming hostile to cash. It's going to stick around in countries like Germany for some time, but even there more and more people are trying to stop using cash as much as possible.
I am in the UK, so I don't get that many euros in the first place, but in the past 2-3 years all my friends travelling to the eurozone have stopped using cash and prefer to pay for everything by card.
Re: Why low hits?
I agree and it’s a shame. Even though I am relatively young myself I don’t understand people moving away from cash money.
Still there is plenty of cash in circulation... just not enough of it being tracked here.
Still there is plenty of cash in circulation... just not enough of it being tracked here.
Re: Why low hits?
It's indeed like you said, Finnish people pay much with their cards compared to the other Eurozone. But still, huge majority of all kind of shops still accept cash.colondee wrote: ↑Wed Jan 22, 2020 12:16 pm
Well, the problem is that in some countries like NL and FI people are becoming hostile to cash. It's going to stick around in countries like Germany for some time, but even there more and more people are trying to stop using cash as much as possible.
I am in the UK, so I don't get that many euros in the first place, but in the past 2-3 years all my friends travelling to the eurozone have stopped using cash and prefer to pay for everything by card.
I'm even surprised about that, because in Sweden it's quite common that smaller/some kind of specific shops doesn't take anything but card/mobile payments. Even many McDonald's's doesn't accept cash at night time, but that's maybe mostly because of the risk to be robbed. Still, I can't even imagine that McDonald's wouldn't accept cash in Finland, even at night.
In my experience, working as a cashier and watching how does people pay in shops I visit, I'm surprised how large the usage of cash still is. While younger people mostly use cards, most of us still have even a little amount cash all the time, and people seem to regard it as useful in many situations.
The change is still going on fastly, but were not yet in the same situation than Sweden. There they really think of getting totally rid of the cash, and it wouldn't even be impossibly hard in their situation.
Ei sitä koskaan tiedä_Aatos99
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Re: Why low hits?
Maybe this is why: https://www.bloomberg.com/news/articles ... ore-vaults
German banks have three times more physical cash stored than in 2016. Including tracked notes obviously!
German banks have three times more physical cash stored than in 2016. Including tracked notes obviously!
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The only way is up!
Visited Countries: + Liechtenstein
The only way is up!
Visited Countries: + Liechtenstein