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Cash Talks EP1: Access to Cash

Categories : Cash is available to all users, Cash is the first step of financial inclusion, Cash is the most widely used payment instrument
January 19, 2022
Tags : Access to cash
CashEssentials launches Cash Talks, a series of webinars on critical trends and issues in the cash space. The first webinar will be held on 10 February and will focus on how various countries address access to cash.
Communication Team / Equipo de Comunicación

This post is also available in: Spanish

Access to Cash is Deteriorating

Access to cash is one of the critical challenges that will shape the future of cash. The ECB Study on the Payment Attitudes of Consumers in the Euro Area (SPACE) has highlighted the deterioration of the ease of access to cash as the level of satisfaction has dropped from 94% in 2016 to 84% in 2019. In 10 of the 19 euro-area countries, over 10% of the population perceive access to ATMs as difficult or very difficult.

The issue is not limited to the euro area. In many countries, retail banks and credit institutions continue to adjust their branch and ATM networks, restricting access to cash services – including withdrawals and lodgements. Whilst consumers and companies seem to have still, by and large, adequate access to cash, the range of cash services offered is diminishing, and the costs associated with acquiring and depositing cash by businesses and the general public seem to be rising.

Stakeholders are Responding

Central banks and regulators are increasingly addressing access to cash across the globe.

Save the Date: 10 February @ 15:00 CET (Paris time)

To discuss and debate these issues, CashEssentials will be holding a 2-hour webinar on 10 February. Presentations will include

The presentations will be followed by a panel discussion and Q & A.

Register here.

This post is also available in: Spanish