Cash

Cash
Asda Picks NCR Atleos’ ATMs as Businesses Push Cash Use
November 27, 2023

British retailer Asda has picked NCR Atleos to bring new ATMs to its stores. The collaboration, announced Monday (Nov. 27), means that Asda customers will soon be able to withdraw cash from Atleos machines at more than 600 stores. “By implementing Atleos ATMs Asda will deliver a convenient cash...

Cash
Fiserv Expands CheckFreePay Network for Walk-In Bill Payments
October 19, 2023

Fiserv a global provider of payments and financial services technology, has announced a strategic partnership with Blackhawk Network (BHN) to expand access to walk-in bill payment services. This collaboration will enable consumers to pay their household bills, rent, and top up digital accounts using cash...

Cash
Discounts for Cash Purchases Jump 66% Since 2015
October 15, 2023

Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now offering discounts for paying for cash as a way to avoid credit card transaction fees.  The report, citing data from...

Cash
Coin Use Plummets in Japan as Consumers Rethink Savings
July 11, 2023

High inflation in Japan has had an unintended victim: the piggy bank. As the Financial Times (FT) noted Monday (July 10) in a report on that country’s declining cash use, Japanese parents would traditionally set aside 500-yen coins from their change and place them in...

Cash
Green Dot Sees Demand From Unbanked Cash-Paying Customers
February 21, 2023

Green Dot Network is focusing on unbanked consumers who pay bills in cash. The bank holding company announced in a Tuesday (Feb. 21) press release it has expanded its list of partners to include companies that focus on “underserved minority groups that tend to be...

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ECB Renews Long-Term Commitment to Maintaining Euro Cash System
February 08, 2023

The European Central Bank (ECB) has reaffirmed its commitment to maintaining a euro cash system. Commenting on a December ECB study on the payment attitudes of consumers in the euro area in a Monday (Feb. 6) blog post, the regional bank noted that cash remains...

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Nigerian ATMs Run Dry Ahead of Currency Switchover
February 05, 2023

Nigeria’s switchover to new paper currency has grown more chaotic. ATMs in Africa’s largest economy have run out of new notes, Bloomberg News reported Saturday (Feb. 4), ahead of a deadline that will ban high-value currency. According to the report, hundreds of people were left...

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Billers Challenged to Make Cash Part of the Digital Payments Experience
February 03, 2023

The conventional wisdom is that the shift to digital payments has led us all away from cash. Jamison Jaworski, GM-SVP of retail and Green Dot Network at Green Dot, and Nicole Haskins, vice president, electronic billing and payment solutions and innovations at Paymentus, told PYMNTS...

Cash
Central Bank of Nigeria Delays Demonetization by 10 Days
January 30, 2023

Nigeria’s central bank has pushed back the deadline for taking old banknotes out of circulation. In a statement issued on Sunday (Jan. 29), Central Bank of Nigeria (CBN) Governor Godwin Emefiele said the deadline for exchanging old naira banknotes for newer redesigned bills has been...