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    Published on Thursday, June 21, 2018 | Updated on Thursday, June 21, 2018

    The use of cash and its determinants

    Summary

    The digital revolution is leading to an increased use of electronic payment instruments; however, cash is still used in 79% of retail payments. This note analyses the factors driving the use of cash for payments across EU countries classified in four categories: access to cash and banking products, degree of digitalisation, macroeconomic environment and cultural factors.

    Geographies

    Topics

    Authors

    Javier Alonso
    Hicham Ganga
    Jesus Lozano BBVA Regulation - Regulation Senior Manager
    Álvaro Martín
    Pablo Mirón Ramos
    Cristina Plata
    Ana Rubio BBVA Regulation - Head of Financial Regulation
    Adrián Santos BBVA Research - Senior Economist
    Javier Villar

    Documents and files


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    Report (PDF)

    2018-06-The-use-of-cash-and-its-determinants_EDI-vf

    English - June 21, 2018

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