Payments News -

Cash costs EUR 130 per person in Europe

The number of retail cashless payments grew by over 160% between 2000 and 2008, to 87 billion transactions. Of these, 90% were in western Europe, 10% were in central and eastern Europe and two-thirds were in the eurozone. Despite this growth and the ‘war on cash” being waged by organisations such as the European Commission [...]

The post Cash costs EUR 130 per person in Europe appeared first on Payments Cards & Mobile.