Cash still leads as euro area mobile payments surge

Cash is not dead in Europe… its very much alive

With digital payments continuing to grow, cash has seemingly taken a back seat. But the European Central Bank’s most recent report reveals cash is the most accepted payment method in Europe today.  While digital payments continue to surge in popularity, cash has rebounded in usage as European retail businesses reported a rise in acceptance of cash this year.  According to a recent European Central Bank (ECB) report, titled ‘Use of cash by compan…

Cash still leads as euro area mobile payments surge

The European Central Bank, the monetary authority overseeing the 21 countries that share the euro, has published new research showing that cash remains the payment method most widely accepted by businesses across the currency bloc, even as digital alternatives continue to gain ground. The findings show that 92% of companies selling goods and services from physical premises in retail, hospitality and the arts, entertainment and recreation sectors…

Cash holds firm despite euro area's digital payment push

The European Central Bank has published new research showing that cash remains the payment method most widely accepted by businesses across the currency bloc, even as digital alternatives continue to gain ground. The findings show that 92% of companies selling goods and services from physical premises in retail, hospitality and the arts, entertainment and recreation sectors accepted cash in 2026, up from 90% in 2024. The central bank said this m…