Cash still leads as euro area mobile payments surge
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Cash still leads as euro area mobile payments surge
The European Central Bank, the monetary authority overseeing the 21 countries that share the euro, has published new research showing that cash remains the payment method most widely accepted by businesses across the currency bloc, even as digital alternatives continue to gain ground. The findings show that 92% of companies selling goods and services from physical premises in retail, hospitality and the arts, entertainment and recreation sectors…
Cash holds firm despite euro area's digital payment push
The European Central Bank has published new research showing that cash remains the payment method most widely accepted by businesses across the currency bloc, even as digital alternatives continue to gain ground. The findings show that 92% of companies selling goods and services from physical premises in retail, hospitality and the arts, entertainment and recreation sectors accepted cash in 2026, up from 90% in 2024. The central bank said this m…
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