• Cash Deposit
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      From front-office cash drawer units to back-office note counters, each solution is designed to improve cash management and optimise the cash handling process.

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    • Cash Recycling
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      Manage your cash handling processes efficiently and optimise your cash flow with cash recycling solutions.

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    • Closed Cash Management
      Closed Cash Management

      Upgrade to a smart, simple and efficient way to manage your business, handle cash and remove cash differences.

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    • Coin Roll Dispensers
      Coin Roll Dispensers

      Automated dispensers for coins and/or banknotes of all denominations. A versatile, flexible and efficient way to manage your cash.

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    • Banking
      Banking

      Reliable cash management solutions for banks which improve the accuracy and efficiency of depositing, transferring and recycling cash.

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    • Software
      Software

      Accessible from mobile, tablet and desktop devices, so you can control every single cash operation remotely.

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  • Facts about cash
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banking cash management

Facts About Cash

Statistics about cash usage from around the world

Global

  • There are 164 official national currencies in circulation. (G4S, 2018)
  • Just two countries show a significant decline in cash payments - South Korea and Sweden. (G4S, 2018)
  • Cash in circulation as a share of GDP rose from 7.3% in 2007 to 9% in 2016 for a group of countries that comprise more than 80% of the world’s economy. (Bank for International Settlements, 2018)
  • Asking central banks from around the world, 70% said cash would still be the main payment method in 2030. (Vaultex, 2018)

 

Euro Area

  • 79% of all transactions made in cash. (European Central Bank, 2016)
  • Cash accounts for 54% of the total value of payments. (European Central Bank, 2016)
  • The total number of non-cash payments in the euro area, comprising all types of payment services, increased by 7.9% to 90.7 billion in 2018. (European Central Bank)
  • There are €1.2 trillion in banknotes and €28.85 billion in coins in circulation. (European Central Bank, January 2019)
  • GERMANY
  • Germany has one of the highest rates of cash use in the European Union. In 2017, they paid cash for most of their purchase transactions – 74% by number and 48% by value. (Deutsche Bank, 2018)
  • 88% of German consumers voice support for the future use of cash and 96% fear that without cash certain groups in society would have difficulty making payments. (Deutsche Bundesbank, 2017)

 

UK

  • Cash payments are the second most frequently used payment method. (UK Finance, 2018)
  • There are expected to be 6.4 billion cash payments in the UK in 2027, accounting for 16% of all payments which means cash will remain the second most frequently used payment method in the UK in 2027. (UK Finance, 2018)

 

USA

  • Cash is still a leading payment method in the U.S. with 79% of consumers using cash for purchases. (Bain & Company, 2018)
  • Cash continues to be the preferred payment choice for small-value transactions making up 49% of payments under $10. (Federal Reserve, 2019)
  • Since the 1980s, the demand for U.S. currency has grown at a steady pace driven largely by the high denomination $50 and $100 notes. (Federal Reserve Bank of San Francisco, 2016)

 

Asia-Pacific

  • As much as $5.6 trillion in cash was exchanged between consumers and merchants in Asia-Pacific in 2016. That figure is expected to reach $8.5 trillion in 2021. (PYMNTS, 2018)
  • Middle Eastern consumers made $0.9 trillion in cash payments in 2016 which is expected to rise to $1.4 trillion by 2021. (PYMNTS, 2018)
  • The volume of cash is falling in Australia and Japan and rising in China, India, Korea and Singapore. (PYMNTS, 2018)
  • Despite India's demonetisation policy, cash in circulation is rising by amount and as a share of GDP, increasing from 8.8% in the 2017 fiscal year to 10.9% in the 2018 fiscal year. (Reserve Bank of India, 2018)