Whither Cash in Payments?

David Cronin
Additional contact information
David Cronin: Central Bank of Ireland

Quarterly Bulletin Articles, 2021, 64-87

Abstract: The use of cash (banknotes and coin) in making payments has been in relative decline in Ireland and in other European countries for some time now, as a substitution to card payments by the public has occurred. The adoption of contactless payment technology in recent years and the current pandemic appear to be accentuating the decline of cash as a payment instrument but a demand for cash for this purpose can be expected to remain in place over time. Central banks, in conjunction with payment providers, then will need to continue to supply and distribute banknotes and coin to the public against the backdrop of a falling but likely substantial demand for cash.

Date: 2021-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.centralbank.ie/docs/default-source/pub ... ayments.pdf?sfvrsn=7 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbi:qtbart:y:2021:m:01:p:64-87

Access Statistics for this article

More articles in Quarterly Bulletin Articles from Central Bank of Ireland Contact information at EDIRC.
Bibliographic data for series maintained by Fiona Farrelly ().