Cash Matters

Cash matters, and we bring you the latest news from around the world showing why. Follow us to support the right to pay however you choose. #CashMatters

[Cash Matters @CashMattersOrg]

Calling all Brits: cash needs you!

Sign this petition calling for all UK businesses to accept cash (alongside other payment options).

It's over the 10,000 threshold for a government response. At 100,000 it will be considered for debate in Parliament.

https://t.co/ZJ1t1Gh4Fl

[Cash Matters @CashMattersOrg]

Cash is the universal gift card! With Christmas and New Year just around the corner, Japanese stores are offering a wide range of pouches in which to give cash presents to children. Designs include Santa Claus, Doraemon, and snakes, in honour of the upcoming Year of the Snake. 🐍

[Cash Matters @CashMattersOrg]

At a time when social media is ‘trapping us in a never-ending cycle of overconsumption’ the simplicity of cash is helping people stay accountable for their purchases, take control of their finances, and begin building emergency funds or savings.

https://t.co/FOiHG0nRgM

[Cash Matters @CashMattersOrg]

An analysis of tweets from across the US reveals the states most for and against a cashless society, with areas where more people are unbanked or struggle to obtain credit being more pro-cash, as it facilitates economic access and personal autonomy.

https://t.co/Sj5X83S5h6

[Cash Matters @CashMattersOrg]

Exclusion concerns have been raised in Australia following a cashless trial at a coffee shop chain. Critics argue that cash enables people ineligible for credit cards to pay for goods and services, and they may be shut out of cashless businesses.

https://t.co/eN8GGvJVer

[Cash Matters @CashMattersOrg]

Sydney citizens are craving payment choice following the deployment of a cashless parking system that adds time, complexity, expense and invasion of privacy to the driving experience.

https://t.co/UogNCOAFMl

[Cash Matters @CashMattersOrg]

This store selling Studio Ghibli merchandise limits customers to no more than three of each item due to the popularity of its products. It also requires payment in cash (with a sign in Japanese, English and Korean).

[Cash Matters @CashMattersOrg]

Regulations surrounding cashless fees remain a grey zone in many countries, especially emerging economies. Keeping cash available will foster more competitive payment ecosystems, ensuring everyone has access to private, reliable and fee-free transactions.

https://t.co/tingeRtvkz

[Cash Matters @CashMattersOrg]

Worldwide spending habits have changed, with people demanding greater choice in how they pay and expressing concern over the possibility of losing cash as a payment option, says research from Paysafe.

https://t.co/GJwofJYrxq

[Cash Matters @CashMattersOrg]

The Swedish government has advised citizens to keep a store of cash to prepare for emergencies in a brochure distributed to every household in Sweden this week. Finland and Norway’s governments also recommend cash in their recently-published advice.

https://t.co/lsskO8qMGg

[Cash Matters @CashMattersOrg]

Seen in a Mumbai pharmacy, offering payment by UPI (the Unified Payments Interface), Paytm and—for those who prefer physical money, or on occasions when digital payments fail—cash!

[Cash Matters @CashMattersOrg]

Ireland has seen its share of ‘cashless creep’, but with businesses facing backlash when they attempt to exclude cash, and policy moving towards recognition of the ‘enduring societal demand for cash’, the future looks bright for payment choice.

https://t.co/uGkxgVjWuJ

[Cash Matters @CashMattersOrg]

Cypriot news site Philenews is calling for ‘a balanced dialogue’ on preserving cash alongside the adoption of cashless payments, since physical money is essential to personal privacy, financial autonomy and social inclusion.

https://t.co/Z5iJjeCU8k

[Cash Matters @CashMattersOrg]

The importance of cash to personal autonomy, social inclusion and economic stability is high, despite use declining in many countries. Recognising this, nations worldwide are introducing laws to ensure physical money remains accessible to and usable.

https://t.co/qYiR0MWRxP

[Cash Matters @CashMattersOrg]

@RBAInfo has confirmed its commitment—and that of the Australian government—to maintaining cash access, ensuring it remains available to those who rely on it for everyday expenses or choose it for budgeting, and to preserve a resilient economy.

https://t.co/mKl2XxMoNx

[Cash Matters @CashMattersOrg]

The Federation of Malaysian Consumers Associations is calling on the government to reconsider its support of cashless payments, citing concerns around security and inclusivity in a society without cash access and right to use laws.

https://t.co/V3r2dWS5PL

[Cash Matters @CashMattersOrg]

This UK cafe encourages people to KEEP CASH ALIVE and support local, independent businesses. It also offers cashless payments, providing choice to all customers.

[Cash Matters @CashMattersOrg]

Patrick Collison, CEO and co-founder of major fintech and payment processing company Stripe, sees a less cash, not a cashless future, pointing out that physical money offers unique advantages that mean it’s ‘unlikely to disappear’.

https://t.co/8JmjLqYrRB

[Cash Matters @CashMattersOrg]

Many low-income Americans are locked out of banking by account fees, which locks them out of cashless payments. Cash gives them economic access and financial control, and a ban on cashless business will open up currently inaccessible goods and services.

https://t.co/oT756ODLmA

[Cash Matters @CashMattersOrg]

This bike shop in Mumbai, India offers a range of payments, ensuring customers can pay however they choose. Should cashless options be temporarily unavailable, however—for example during a power or internet outage—cash doesn't crash!