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  • 标题:Payments are a-changin' but cash still rules
  • 本地全文:下载
  • 作者:Morten Linnemann Bech ; Umar Faruqui ; Frederik Ougaard
  • 期刊名称:BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
  • 印刷版ISSN:1012-9979
  • 出版年度:2018
  • 卷号:2018
  • 语种:English
  • 出版社:Bank for International Settlements
  • 摘要:Retail payment systems continue to become faster and more convenient. Yet, despite increased use of electronic payments around the world, there is scant evidence of a shift away from cash. As the appetite for cash remains unabated, few societies are close to "cashless" or even "less-cash". In fact, demand for cash has risen in most advanced economies since the start of the Great Financial Crisis. This resurgence appears to be driven by store-of-value motives (reflecting lower opportunity cost of holding cash) rather than by payment needs.
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