Cash Supply Rethought
01 Dec 2020
Credit cards, debit cards or apps such as TWINT – cashless payments today are diverse, secure, user-friendly, quick and often digital. The use of cash is on the decrease. This trend is now accelerating even more due to COVID-19. As a result of the lockdown, the number of cash transactions has dropped almost by half. This poses a challenge to Swiss banks operating ATMs.