Cash, bank notes and coins, are the oldest payment system and coins were first used some 2,500 years ago. Cash is used for the majority of payments in almost all countries. In Europe in 2008 78% of…
Read moreby Kylene Casanova
It is a great idea - to replace the expensive cash transactions under $10 by chips holding the cash digitally, but it is expensive to set up the infrastructure and make it work. RBS/NatWest spent a
by Kylene Casanova
Since the start of the recession in December 2007 and throughout the recovery, the value of US currency in circulation has risen dramatically. It is now fully 42% higher than it was five years ago.
by Kylene Casanova
The Payment Council's report on the way the UK pays always makes interesting reading. Some of the key findings from the report are:
by Kylene Casanova
The Canadian Mint has now ceased distributing pennies to financial institutions and the circulation of the currency will begin to decline. The transition data was announced in July 2012 after consultations with smal
by Kylene Casanova
The latest example of the expansion of e-cash in Africa is in Rwanda where the mobile payment platform MobiCash and financial institution KCB Bank has launched BioCash, a financial service that uses the national ID
by Kylene Casanova
The Bank has confirmed, Sky News claim, that a proviso is included in a new bank note printing contract to replace paper with polymer-based cash. They may be following Australia, who introduced flexible plastic bank
by Kylene Casanova
Old fashioned personal service is returning to the point of sale (POS) using a combination of mobile phones, iPads and the card schemes.
by Kylene Casanova
Fans attending the London Olympics football match between Team GB and the United Arab Emirates (UAE) at Wembley Stadium found that they could only purchase food and drink for cash after their card payments were reje
by Kylene Casanova
The Bill & Melinda Gates Foundation foundation commissioned pollster Gallup to carry out face-to-face interviews with 1000 adults in each of 11 sub-Saharan countries: Botswana, Congo, Kenya, Mali, Nigeria, Rwanda, S
by Kylene Casanova
There are many examples of cash making a comeback at the point of sale, here are some:
by Kylene Casanova
The British Retail Consortium (BRC) has been conducting their annual Cost of Payment Collection Survey, since 1999, of their members' costs of payment collection to provide participant members with key benchmarking
by Kylene Casanova
Today, upgrades begin across UK retailers and vending machines to raise the contactless card payment limit to £20 from £15.
by Kylene Casanova
SafetyPay, a US-based on-line payment systems developer, has added a global cash payment option.
by Kylene Casanova
USBank's Remote Cash Deposit Service will now be able to issue Advanced Credit®'s for cash deposited into the electronic Dunbar Cash Manager Safes® - see below.
