Euro cash strategy

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lmviterbo
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Euro cash strategy

Post by lmviterbo »

Instagram story just published on ECB's Instagram:

https://www.instagram.com/stories/europ ... 1292232746

This leads to ECB's new page on the Eurosystem cash strategy, with the following five points:
  • We ensure the availability of euro cash
  • We support access to cash services for everyone
  • We make sure that cash is accepted everywhere
  • We develop innovative and secure euro banknotes
  • We keep banknotes safe and sustainable
It states, for example, that cash "is still the main way people make retail payments in the euro area and the Eurosystem considers the universal acceptance of cash to be a vital part of the payment system and the legal tender status of euro cash". This sentence links to a very recent publication (December 2020) with the analysis and results on SPACE, a Study on the payment attitudes of consumers in the euro area conducted mainly in 2019.

All of this is very interesting, and it gives you a sign that, even with so many different forms of payment, cash is not at all disappearing — and Euro banknote tracking (and EuroBillTracker) can carry on, as long as trackers keep finding it interesting.
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ART
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Re: Euro cash strategy

Post by ART »

Very interesting.
European soul, European pride.
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