Where Cash is Still King

Most Europeans still cling to physical cash while nations in Asia have embraced cashless payments the most. That's the conclusion of the 2018 World Cash Report that lists different studies analyzing peoples’ habit to pay by cash or card (or even mobile). Japan is one of the exception to the rule of Asian countries loving cashless payments. The government recently revealed its “Cashless Vision” which is looking to increase cashless payments to 40 percent by 2025. Read more.