It’s really interesting to see such a huge contrast between countries like Malta at 67% and the Netherlands at only 22%. It shows how cultural habits, trust in banks, and even tech adoption vary across Europe.
Enchantress4thewin on
digital overlords and banks not knowing how much I spend on X or Y is great! 🙂
qwerty_1965 on
That number for Ireland feels off. If the supermarket check out is a measure it’s about 80% card.
Must be all the barbers and taxis.
Isotheis on
I don’t even know anyone who still carries cash. Is the second hand market that significant? Maybe the 50 cents to use the toilet…
IshTheFace on
Idk what Swedish cash even looks like anymore.
Worth-Wonder-7386 on
I am always shocked how common cash is when traveling to countries like Germany.
Here in Norway, cash was only used in 3% of transactions, and the largest use is either for gifts or drugs.
Chlepek12 on
I only ever use cash. I am just used to it.
TheJewPear on
Since Covid I can’t bring myself to use cash anymore… I use it only where I have to, and even then my head gets filled with thoughts of all the hands that must’ve touched that bill.
11160704 on
Germany is not the outsider the internet makes one believe it is.
KP6fanclub on
I avoid cash as much as i can – use it for tips or poker buy ins.
BachelorThesises on
I simply don’t go to “cash only” places in Switzerland.
the-longer-lead on
Cash transactions have no unwanted fees to visa/mastercard/3rd party. Why go out of your way to pay that fee?
ctk80 on
the only reason I have 100 euro in cash at home is if I lose my card and need to buy something while waiting for a new card to arrive. other then that I havent used physical cash in maybe 8 years
ReflectedCheese on
I only get cash for birthdays or when I find coins on the floor/couch and just use a vending machine to get rid of them, no atm accepts loose change
lawman9000 on
I still always keep cash on me when back in Germany. Just an old habit, even though most places take a card now.
Cavetrollexplorer on
This is wild, had no idea numbers would be anywhere like this. Was expecting up to maybe 10 percent in countries known for this, like Germany
Reckless-Savage-6123 on
I hope the use of cash increases. I am not against digital payments and would even prefer them if the EU and the local institutions weren’t the scumbags that they are, tracking and monitoring people, their spending habits, even controlling people through digital money . F… them .
I use cash as much as possible and will continue to do so.
SaphirRose on
Feels better to pay with cash, you actually see and feel money going away, you are inclined to actually save money… With cards its just some numbers in the aether.
Realistic-Berry_888 on
I still think of my 3-scoop ice cream that I had to leave in a Viennese ice cream shop because it turned out it’s “cash only” ;__;
unthinkable in Warsaw
jull1o on
I’m from denmark. Can’t remember when I payed with cash. Even had cash.
Gullible_Mousse_4590 on
I’ve lived in Ireland for a couple of years and I saw someone use cash today and it was the first time I’d seen it since I came here. Must be going to the half of shops that are using cash
oojiflip on
I was surprised at just how ubiquitous and seamless card payments were in Greece compared to how finicky it often is in France. This tells the opposite story, however
Plamcia on
Where is Poland? 🤔
alastairlerouge on
This is most likely not accounting only for retail payments, otherwise percentages would be much lower
PandaCheese2016 on
I wonder what the rate for petty theft of cash is across the same countries.
TSSalamander on
Just fyi, the mastercard fee is like 2%. Which is significantly lower than the loss rate caused by handling cash. Cash is a lossy form of transaction. between embesselment and just straight up transportation loss and forgetfulness, cash is not efficient. Which tells us this is not why businesses want you to pay it cash. They do that because they’re tax cheats. See there’s a much bigger set of fees you can skirt by just not declaring them propperly
Fast-Presence-2004 on
I was in Lithuania and Italy lately and everyone accepted card payments, no matter how small the store, in Italy even street vendors. Even beggars had QR codes for Revolut. I’m surprised they have a cash rate higher than Germany.
Blurghblagh on
I do not believe for a second that 49% of payments in Ireland are made with cash.
neelvk on
I was in Paris over Christmas break and had to use the laundry. It was an unmanned shop and the central payment system only allowed for tap (no chip reader or stripe reader). The 100 euros I withdrew from an ATM have come home with me. I never paid cash for anything – tickets (train and museums), restaurants, grocery stores etc. Same thing happened to me in Italy during spring break.
I have a feeling that the numbers in the graph are inflated a bit. Or maybe there are enough people in Europe illegally that cash transactions still make up a big enough volume.
actias_selene on
If you have some undeclared cash income, you want to avoid depositing on a bank account. Also useful to use in transactions for side-gigs in some countries.
cloud_t on
Interesting about Lithuania so high, and not to see Sweden. From what I gather, the nordics have ditched most cash payments.
33 commenti
And we will continue to use cash.
the 22 bar should be black
It’s really interesting to see such a huge contrast between countries like Malta at 67% and the Netherlands at only 22%. It shows how cultural habits, trust in banks, and even tech adoption vary across Europe.
digital overlords and banks not knowing how much I spend on X or Y is great! 🙂
That number for Ireland feels off. If the supermarket check out is a measure it’s about 80% card.
Must be all the barbers and taxis.
I don’t even know anyone who still carries cash. Is the second hand market that significant? Maybe the 50 cents to use the toilet…
Idk what Swedish cash even looks like anymore.
I am always shocked how common cash is when traveling to countries like Germany.
Here in Norway, cash was only used in 3% of transactions, and the largest use is either for gifts or drugs.
I only ever use cash. I am just used to it.
Since Covid I can’t bring myself to use cash anymore… I use it only where I have to, and even then my head gets filled with thoughts of all the hands that must’ve touched that bill.
Germany is not the outsider the internet makes one believe it is.
I avoid cash as much as i can – use it for tips or poker buy ins.
I simply don’t go to “cash only” places in Switzerland.
Cash transactions have no unwanted fees to visa/mastercard/3rd party. Why go out of your way to pay that fee?
the only reason I have 100 euro in cash at home is if I lose my card and need to buy something while waiting for a new card to arrive. other then that I havent used physical cash in maybe 8 years
I only get cash for birthdays or when I find coins on the floor/couch and just use a vending machine to get rid of them, no atm accepts loose change
I still always keep cash on me when back in Germany. Just an old habit, even though most places take a card now.
This is wild, had no idea numbers would be anywhere like this. Was expecting up to maybe 10 percent in countries known for this, like Germany
I hope the use of cash increases. I am not against digital payments and would even prefer them if the EU and the local institutions weren’t the scumbags that they are, tracking and monitoring people, their spending habits, even controlling people through digital money . F… them .
I use cash as much as possible and will continue to do so.
Feels better to pay with cash, you actually see and feel money going away, you are inclined to actually save money… With cards its just some numbers in the aether.
I still think of my 3-scoop ice cream that I had to leave in a Viennese ice cream shop because it turned out it’s “cash only” ;__;
unthinkable in Warsaw
I’m from denmark. Can’t remember when I payed with cash. Even had cash.
I’ve lived in Ireland for a couple of years and I saw someone use cash today and it was the first time I’d seen it since I came here. Must be going to the half of shops that are using cash
I was surprised at just how ubiquitous and seamless card payments were in Greece compared to how finicky it often is in France. This tells the opposite story, however
Where is Poland? 🤔
This is most likely not accounting only for retail payments, otherwise percentages would be much lower
I wonder what the rate for petty theft of cash is across the same countries.
Just fyi, the mastercard fee is like 2%. Which is significantly lower than the loss rate caused by handling cash. Cash is a lossy form of transaction. between embesselment and just straight up transportation loss and forgetfulness, cash is not efficient. Which tells us this is not why businesses want you to pay it cash. They do that because they’re tax cheats. See there’s a much bigger set of fees you can skirt by just not declaring them propperly
I was in Lithuania and Italy lately and everyone accepted card payments, no matter how small the store, in Italy even street vendors. Even beggars had QR codes for Revolut. I’m surprised they have a cash rate higher than Germany.
I do not believe for a second that 49% of payments in Ireland are made with cash.
I was in Paris over Christmas break and had to use the laundry. It was an unmanned shop and the central payment system only allowed for tap (no chip reader or stripe reader). The 100 euros I withdrew from an ATM have come home with me. I never paid cash for anything – tickets (train and museums), restaurants, grocery stores etc. Same thing happened to me in Italy during spring break.
I have a feeling that the numbers in the graph are inflated a bit. Or maybe there are enough people in Europe illegally that cash transactions still make up a big enough volume.
If you have some undeclared cash income, you want to avoid depositing on a bank account. Also useful to use in transactions for side-gigs in some countries.
Interesting about Lithuania so high, and not to see Sweden. From what I gather, the nordics have ditched most cash payments.