CashEssentials is an independent initiative offering a platform for debate about the payments and monetary ecosystems, and conducting and fostering high-quality research on cash and its future.
Every day billions of banknotes and coins change hands, enabling transactions and contributing to economic growth. Banknotes and coins are a collective good. They are issued by central banks or monetary authorities, distributed by banks and spent by individuals.
Because it is a common good, the evolution of cash is shaped collectively. Central banks may decide on the design and the denomination mix; commercial banks facilitate the distribution by deploying ATMs and branches; retailers facilitate its acceptance; but it is ultimately the consumer who drives demand.
This website was launched in April 2016. The original content is based on the white paper Cash Essentials – Beyond Payments, written by Guillaume Lepecq in 2016.
Guillaume Lepecq is a globally recognized expert in the subjects of payments and cash and founder of AGIS Consulting, an independent strategy consulting company specialised in payment transaction strategies & solutions. AGIS focuses on providing payments professionals with value-added business insight & marketing solutions in the payments value chain. He has written a number of publications and reports detailing the role of cash in society and the means by which it flows across the economic landscape including: “Cash Essentials – Beyond Payments”, “The Future of Cash”, “The Future of Smart Payments” and “Managing the Changeover to the Euro”.
Guillaume Lepecq: firstname.lastname@example.org
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