Less than 20 years ago, 69% of Australians’ purchases were made with cash. It’s now 13% and falling. This chart shows how the way we pay has completely changed in just one generation.
The UK could learn a lot from developing economies about using digital payments to boost financial inclusion.
As the US increasingly becomes a cashless society, it’s getting harder to use currency to pay for things – including taxes. One fearless economist gave it a try.
Our research absolutely does not ‘state very clearly that cash has big advantages for gamblers’.
There are social benefits to being off the books.
Businesses can now pass credit card surcharge fees along to their customers. To help businesses predict how consumers will react to credit card surcharges, behavioural economics offers some answers.
Paying for the stuff you want with currency is way easier than relying on chairs you made or chickens you raised.
It costs just 20 cents to make a $2 coin, and 32 cents to make a $100 note, but eventually the money making is going to stop.
The country became the first to make bitcoin a formal part of its payments system, but whether it’ll catch on is another story.
Charles Schwab mistakenly transferred over $1.2 million to the account of a woman who then kept the money. Did she have a moral obligation to return it? An expert says the answer is not that simple.
Cash holdings jumped 17% during the crisis, most of them in the form of $50 and $100 notes.
Christmas is traditionally a time of giving, including to charities and the needy. But what happens when so few of us carry cash anymore?
Using less cash means leaving more digital traces of where your money goes - but there are ways to keep some privacy.
Research has yet to support the theory that cash can spread the coronavirus.
Ordinary activities would become criminalised without a compelling reason.
Facebook claims its new cryptocurrency will bring financial inclusion and opportunity to billions, pushing cash further to the fringes. Is that a good thing?
New research reveals how cash machine closures hurt those who still prefer and rely on cash the most.
Large-scale emergencies can be a strain, even in one of the world’s richest countries. Population growth, income inequality and fragile supply chains may make the problem worse.
A cashless society depends on three things, all of which have failed in recent weeks as a result of natural disasters and security breaches.
It may cost more to make a penny than a penny’s worth, but a penny saved may be more than a penny earned.