Why cash shouldn’t disappear – economics

The trend in Germany is clearly towards paying by card. Everyone who pays in cash practices data protection.

Would you like some more cash? You hear this sentence more and more often when paying at the supermarket checkout. And more and more customers are taking 50, 100 or 200 euros with them. It’s also very convenient, you don’t have to go to the ATM anymore. What was introduced in Germany 20 years ago has become a trend, especially since the Corona epidemic, as a study by the retail research institute EHI showed this week: In 2019, German citizens collected 2.2 billion euros at the checkouts in supermarkets, drugstores or hardware stores; In 2023 it was already 12.3 billion euros.

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