Community
Accelerating decline in use of cash clearly reflected here and in card transaction statistics in Finland (even without costs being visibly charged for ATM withdrawals..). Good news for all. On EU level the cost of cash usage was estimated to some 50bn€ some years ago - and the consumer pays 100% of it + some profit margins for the service providers involved.
More interesting statistics here: http://www.fkl.fi/en/material/statistics/Statistics/Statistics_banks_payment_systems_2001-2010.pdf
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Prashant Bansal Sr. Principal Consultant at Oracle
28 July
Carlo R.W. De Meijer Owner and Economist at MIFSA
Steve Morgan Banking Industry Market Lead at Pegasystems
Nick Jones CEO at Zumo
25 July
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.