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Cash and Crises
ATMIA Launches an ATM and Cash Revival Plan for COVID-19 and Beyond
June 18, 2020
ATMIA today announced the launch of an ATM and Cash Revival Plan for an ATM industry hit hard by the COVID-19 pandemic.
Spain: Cajamar delivers Cash to the Homes of the Elderly
June 11, 2020
Cajamar, the Spanish rural savings bank partners with local municipalities to facilitate access to cash for the elderly, without leaving their homes.
U.S. Currency Poses No Greater Risks Than Cards or Phones
May 06, 2020
The Consumer Choice in Payment Coalition reminds the public to be fully and accurately informed, and not misled by unfounded fears surrounding the use of cash versus other payment methods.
Cash on Wheels: India launches Mobile ATM
April 08, 2020
Indian Bank launches a mobile ATM service for safe and accessible cash withdrawal.
Coronavirus: Beware of Cash Scams
March 29, 2020
The South African Reserve Bank is warning citizens against scammers ‘recalling cash contaminated with the coronavirus’.
Nashville Tornadoes: Why Give Cash?
March 12, 2020
Delivering things that people need on the ground simply doesn’t help disaster-struck communities as much as giving them money to buy what they need. If you want to help after the Nashville tornadoes, give cash, not clothing and other stuff.
China is disinfecting banknotes to contain spread of Coronavirus
February 21, 2020
Amidst the Coronavirus outbreak, China’s central bank is launching efforts to disinfect or replace banknotes which have been potentially in contact with the Coronavirus.
India’s PhonePe App Facilitates Cash Withdrawals in Shops
February 18, 2020
India’s popular Payments App, PhonePe allows customers to withdraw cash free-of-charge from shops that the company has partnered with.
Reserve Bank of Australia to Facilitate the Redemption of Notes Damaged by Bushfires
February 07, 2020
Australians can submit damaged banknote claims, after which the Reserve Bank of Australia will determine the value of the damaged notes and provide compensation.
India launches Cardless Cash Withdrawal
January 31, 2020
ICICI Bank of India has launched a cardless cash withdrawal service, where customers no longer require a payment card to withdraw cash from ATMs.
Irish Banks to Sell a Third of their ATMs to Independent Deployers
January 28, 2020
Bank of Ireland and Allied Irish Bank are planning to sell over 1,000 cash machines, sparking concerns from consumers that the move will lead to hike in fees for cash withdrawals.
Malaysia to Impose Caps on Cash Payments and Subsidise Digital Payments
January 23, 2020
The Central Bank of Malaysia is proposing to place a Cash Transaction Limit to promote financial integrity. Meanwhile, the government is launching a programme to subsidise digital payments.