Cash

Cash is money or currency in the physical form, such as banknotes and coins. In accounting and finance, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

B2B Payments Suffer as Nigeria Promotes Cashless Economy
B2B Payments Suffer as Nigeria Promotes Cashless Economy
April 27, 2023  |  B2B Payments

The move to ban cash withdrawals from government accounts in Nigeria in an attempt to digitize its economy has been a “massive hindrance” to the...

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Fewer ATMs May Force Cash-Heavy Establishments to Reconsider Digital Wallets
Fewer ATMs May Force Cash-Heavy Establishments to Reconsider Digital Wallets
March 10, 2023  |  Payment Methods

If trends are any indication, bars and restaurants waiting to modernize their payment options may find it’s time to embrace change. Cash isn’t going away...

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Travelex Launches Middle East Wholesale Banknote Business
Travelex Launches Middle East Wholesale Banknote Business
February 28, 2023  |  Travel Payments

Foreign exchange company Travelex has launched a wholesale banknote business in the Middle East. The new operation, announced Tuesday (Feb. 28), comes amid continued consumer...

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FinTechs Struggle to Retain Consumer Trust in Africa
FinTechs Struggle to Retain Consumer Trust in Africa
February 24, 2023  |  Banking

There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the...

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

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...

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

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...

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

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...

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

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...

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

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...

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