European Central Bank: Digital Payments Continue to Rise, Albeit at a Slower Pace
December 19, 2024
December 19, 2024
FRANKFURT, Germany, Dec. 19 (TNSres) -- The European Central Bank issued the following news release:
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Cash Remains a Key Payment Method
* Cash most frequently used payment method in stores, although use has continued to decline
* Share of digital payment instruments continues to increase in value terms, with cards still dominant and share of mobile apps on the rise
* Majority of consumers value having option to pay with cash
* * *
Cash Remains a Key Payment Method
* Cash most frequently used payment method in stores, although use has continued to decline
* Share of digital payment instruments continues to increase in value terms, with cards still dominant and share of mobile apps on the rise
* Majority of consumers value having option to pay with cash