Underbanked

CashEssentials is now available in Spanish! Our first article focuses on the important role that cash plays in South America and in Argentina in particular where 52% of the population is unbanked.

Amazon partners with Coinstar making online shopping more accessible for those without a bank account, a credit or debit card.

US burger joint Shake Shack will resume its cash-acceptance policy after a failed attempt to go cashfree.

The online bill payment provider Doxo has partnered with Coinstar to meet the needs of the under- and unbanked. Customers will now be able to pay their utility bills at any Coinstar kiosk using the Doxo app.

India is rushing to the printing press to meet sweeping demand for cash.

PayPal will soon allow customers to undertake traditional banking services via its online platform, including withdrawing cash at ATMs and cashing payday checks.

In 2016, only 10% of the $24 billion annual humanitarian aid was distributed in cash. The amount is expected to rise to 33% or more by 2025. This forces aid agencies to re-think their traditional ways of doing business.

Modi's demonitisation has had dramatic consequences on the Indian economy in general, and on the poor in particular.

The New York City Department of Finance has partnered with the payment app PayNearMe to offer drivers with a parking violation to settle their dues in cash at any 7-Eleven in the city.

Rwanda is pushing for a cashless society on the grounds that it contributes to financial inclusion. But with a country that is predominantly cash-based - and with everyone having access to hard currency - what more is there to include?

Contrary to what many have said, Kenneth Rogoff, the Havard Economist, is not cheering for a cashless society but rather for simply a less-cash one, his main argument being that it could potentially deter fraudsters and criminals.

P2P Payment app Square Cash is now offering its users the possibility to withdraw cash from any ATM with their Cash Card.