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Europe: The Shift from Cash to Non-Cash Transactions

In: Transforming Payment Systems in Europe

Author

Listed:
  • Janina Harasim

Abstract

Traditional payment systems were built around cash. Non-cash payment instruments, including payment cards, used most often besides cash in retail payments, occurred quite recently, as it was in 1940–1950s. Innovative payment instruments that may become an alternative for cash have even a shorter history.

Suggested Citation

  • Janina Harasim, 2016. "Europe: The Shift from Cash to Non-Cash Transactions," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Jakub Górka (ed.), Transforming Payment Systems in Europe, chapter 2, pages 28-69, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-1-137-54121-5_2
    DOI: 10.1057/9781137541215_2
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    Citations

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    Cited by:

    1. Jacek Pietrucha & Grzegorz Maciejewski, 2020. "Precautionary Demand for Cash and Perceived Risk of Electronic Payments," Sustainability, MDPI, vol. 12(19), pages 1-25, September.
    2. Königstorfer, Florian & Thalmann, Stefan, 2020. "Applications of Artificial Intelligence in commercial banks – A research agenda for behavioral finance," Journal of Behavioral and Experimental Finance, Elsevier, vol. 27(C).
    3. Batiz-Lazo, Bernardo & Maixe-Altes, J Carles & Peon, David, 2023. "Behavioral drivers of cashless payments in Africa," MPRA Paper 117984, University Library of Munich, Germany.
    4. Jorg J. Dotsch & Tamas Ginter, 2024. "Complementing Money Functions: Central Bank Digital Currencies and Currency Competition," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 23(1), pages 50-75.
    5. Glavas, Charmaine & Letheren, Kate & Russell-Bennett, Rebekah & McAndrew, Ryan & Bedggood, Rowan E., 2020. "Exploring the resources associated with consumer vulnerability: Designing nuanced retail hardship programs," Journal of Retailing and Consumer Services, Elsevier, vol. 57(C).

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