Cash or Non-Cash?
Abstract
The purpose of this article was to present the benefis and risks of cash-out for cashless trading. The article analyses data on non-cash trade in Poland against selected European countries. In the following part, the Swedish model of non-cash payments is described. The summary provides scenarios for possible solutions. The analysis shows that the real reasons for limiting cash turnover can be completely different than the fiht against corruption, the grey zone and fiancial crimes. Nevertheless, there is an important element that can outweigh the benefis of non-cash transactions, namely the convenience in making non-cash transactions.
Keywords
Full Text:
PDFReferences
Ahlfort, K., 2015. Cashless future for Sweden? Popularity of Swish hastens digitalisation of country's money. [Online] https://www.kth.se/en/forskning/artiklar/cashless-future-for-sweden-1.597792 [access: 3.02.2016].
Cœuré, B., 2014. Life below zero: Learning about negative interest rates, https://www.ecb.europa.eu/press/key/date/2014/html/sp140909.en.html [access: 15.01.2018].
CNB, 2016. Financial stability report 2015/2016, Czech National Bank.
Henley, J., 2016. Sweden leads the race to become cashless society, https://www.theguardian.com/business/2016/jun/04/sweden-cashless-society-cards-phone-apps-leading-europe [access: 15.10.2016].
Hannoun, H., 2015. Ultra-low or negative interest rates: what they mean for financial stability and growth, https://www.bis.org/speeches/sp150424.pdf [access: 1.06.2017].
Liman, L. i Magnusson, N., 2017. In Cashless Sweden, Even God Now Takes Collection Via an App, https://www.bloomberg.com/news/articles/2017-05-14/in-cashless-sweden-even-god-now-takes-collection-via-an-app [access: 15.05.2017].
MASTERINDEX, 2017. Pan-European e-commerce and new payment trends, https://newsroom.mastercard.com/wp-content/uploads/2017/03/Masterindex-2017.pdf [access: 20.05.2018].
NBP, 2016, Porównanie wybranych elementów polskiego systemu płatniczego z systemami innych krajów Unii Europejskiej za 2015 r. https://www.nbp.pl/systemplatniczy/obrot_bezgotowkowy/porownanie_UE_2015.pdf [access: 10.05.2017].
Pressegespräch „Zahlungsverhalten in Deutschland 2014“ Dritte Studie über die Verwendung von Bargeld und unbaren Zahlungsinstrumenten Carl-Ludwig Thiele, Mitglied des Vorstands der Deutschen Bundesbank, 2015.
Thiele, C., 2015. Zahlungsverhalten in Deutschland 2014, https://www.bundesbank.de/Redaktion/DE/Downloads/Veroeffentlichungen/Studien/zahlungsverhalten_in_deutschland_2014_praesentation.pdf?__blob=publicationFile [access: 15.05.2018].
Trading Economics, 2018. Sweden Money Supply M0 2008-2018, https://tradingeconomics.com/sweden/money-supply-m0 [access: 25.05.2018].
Zieliński, T., 2013. Współczesny bank wobec paradygmatu zaufania publicznego, Annales Universitatis Mariae Curie-Sklodowska, Vol. XLVII, 3.
DOI: http://dx.doi.org/10.17951/h.2018.52.6.87-96
Date of publication: 2019-07-18 10:28:36
Date of submission: 2018-06-20 18:14:07
Statistics
Indicators
Refbacks
- There are currently no refbacks.
Copyright (c) 2019 Judyta Przyłuska Schmitt
This work is licensed under a Creative Commons Attribution 4.0 International License.