In February 2019, CashEssentials hosted a seminar in Athens bringing together central bank researchers, academics as well as A transfer of funds which discharges an obligation on the part of a payer vis-à-vis a payee. professionals to further the understanding of Money in physical form such as banknotes and coins. usage.
Here are some of the key take-aways that were discussed during the seminar:
Many countries are recognizing that the decline in transactional demand raises major concerns in terms of A process by which individuals and businesses can access appropriate, afforda- ble, and timely financial products and services. These include banking, loan, eq- uity, and insurance products. While it ... More, of the robustness of the payments infrastructure and in terms of competition. In that case, what measures can be adopted to The back of the banknote or coin. See Obverse. the trend?
One solution to ensure that cash remains widely used would consist in removing existing frictions on cash usage. Many of these frictions were introduced either to limit cash usage or to increase the quality or security of cash.
The report is available for download below.