Tag: payment transactions
Hoarded banknotes: Where is all the euro cash?
background As of: February 29, 2024 8:27 a.m It sounds paradoxical: In everyday life, more and more people are paying by card or electronically. Nevertheless, there are hundreds of billions…
Bundesbank is campaigning for cash
As of: January 17, 2024 1:49 p.m In retail, payments are increasingly being made electronically or by card. At the same time, cash has some advantages. The Bundesbank now wants…
This is how the digital euro should work
Status: 06/28/2023 4:35 p.m According to EU plans, the euro will also be available as “digital cash” in a few years. But electronic payment transactions have long been firmly established.…
European payment system to start in 2024
Status: 04/25/2023 11:21 am The plans for a European payment system are becoming more concrete. At the beginning of 2024 there should be an app, the first step towards a…
Payment transactions – Expensive card payments – Economy
The British have given up paying with cash during the pandemic. In 2021, only 15 percent of purchases were made with notes or coins. That is almost 40 percent less…
The US threatens to cut Russia off from the Swift payment system. – Business
US President Joe Biden has threatened Russia with tough sanctions if Russian troops invade Ukraine. A measure that experts call a “nuclear option” is under discussion: the West could cut…