Cash Infrastructure

Cash helps Brits keep calm and carry on during the worst squeeze on living standards in 60 years.

In this seventh episode, James Shepherd-Barron sits down with Luis Oro, Director of Innovation at Prosegur Cash, to discuss cash, how it moves around in less developed countries and its role in society.

Cash remains dominant in Mexico after the Covid-19 pandemic, despite the government’s promotion of digital payments and a boom in fintech solutions, per the latest national survey on financial inclusion.

Cash remains the dominant payment instrument in Poland. In January 2021, currency in circulation grew 39% year on year due to increased precautionary demand. Cash spiked after the Russian invasion of Ukraine in February 2022.

Tensions between Russia and the West raise the likelihood that Russian-sponsored cyber attacks cripple Ukraine's computer systems, including payment networks.

De Nederlandsche Bank (DNB) calls on stakeholders in the payment chain to enter into agreements to ensure that cash remains readily accessible and available in the Netherlands in the next five years.

As the number of bank-operated ATMs continues to decline in France, new solutions are enabling access to cash throughout the territory. ATMs are due to be installed in tobacco shops as part of a pilot programme.

Despite the Covid-19 pandemic, most Spanish consumers remain sceptical of digital payments. Several have faced problems paying with cash. Bank desertification in less populated areas has worsened during the pandemic.

Cash remains the most widely used and accepted payment instrument in Spain despite the Covid-19 pandemic. Younger, older, and rural consumers favour cash in their daily payments.

Under a memorandum signed by the Bank of Lithuania and financial institutions, the number of localities with cash withdrawal facilities is set to double within one year.