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Oh come on RBI! Don't be such kill-joys! :)

Rene Schuster sure is an optimist... It has taken a long, long time for cash to drop below 60% at most physical points of sale. Why should Germans now suddenly abandon their trusted cash ("nur bares ist wares") for this?

the more the merrier

So do banks in India sell diamonds? This is just a glorified vending machine... Interesting never the less

So do banks in India sell diamonds? ATM stands for Automated Teller Machine while this is just a glorified vending machine... Interesting never the less

Hi All,

Postal institutions seem to be becoming increasing active in retail banking in a number of countries. Providing access to cash is an important aspect and helps with financial inclusion.

See: https://www.finextra.com/news/fullstory.aspx?newsitemid=18618 where it was noted that "In 2005 the Post Office contracted with BoI for the supply of 1000 "free of charge" cash machines that were rolled out across its national branch network."

This is now happening and the Post office ATMs being installed in key ATM "black spots" often kill the nearby IAD terminals (that charge a fee).

Best Regards,

Felix Kronabetter
________________________________________
Retail Banking Research Ltd
Tel: +44 20 8940 1398 | felix@rbrlondon.com

Germany? Really? Citi "recently" sold their retail banking unit...

Mit freundlichen Grüssen / Best regards,

Felix Kronabetter
Senior Research Analyst, D-A-CH
Retail Banking Research Ltd
Tel: +44 20 8940 1398 |
felix@rbrlondon.com

Hi Felicitas,

Unless I am very much mistaken (if I am please let me know:) one important reason why credit cards are so popular online among German consumers is the fact that the vast majority of debit cards that consumers hold can not be used for payment in that channel.

Fingers crossed that the Deutsche Bahn co-brand has more success second time around...

By the way: Are you going to CARTES?

Mit freundlichen Grüssen / Best regards,

Felix Kronabetter

Senior Research Analyst, D-A-CH

Retail Banking Research Ltd

Tel: +44 20 8940 1398 | felix@rbrlondon.com