The Limited Times

Now you can see non-English news...

The decline of cash payment disrupts the French economy


DECRYPTION - The rise of contactless transactions, including between individuals, is forcing small traders, banks and fund carriers to review their organization.

Coins and banknotes, species seem to be disappearing.

At work quietly for ten years, the revolution has in any case brutally accelerated in 2020. During the Covid-19 pandemic, the French have drastically reduced the use of cash to pay for their purchases.

At the time, it was a health measure to protect against the virus and the fear that it was transmitted via coins and banknotes.

Consumers have since maintained their habits and the decline of cash payment is accelerating.

This revolution in uses is upsetting the daily life, even the economic model, of the entire ecosystem that lived on cash, from small traders to fund carriers via banks...

To discover

  • Prime Macron 2022: conditions, amount, date of payment... how does it work?

Gone are the days of looking for an ATM before shopping.

Now, it is with a free spirit and an empty wallet that we go to a trader.

Everything can be paid for with your credit card, including…

This article is for subscribers only.

You have 90% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month


Already subscribed?


Source: lefigaro

All business articles on 2022-12-05

You may like

News/Politics 2023-01-23T11:26:00.044Z
News/Politics 2022-12-21T14:23:45.013Z

Trends 24h


© Communities 2019 - Privacy