Abstract
Decreasing the cash in circulation is an important goal of macroeconomic policy. Cash in circulation generates huge costs and supports the development of the shadow economy. A main area in which cash is used is payments made by customers. The aim of the article is to grade customer payment habits (including their attitudes towards cash) and to check their willingness to move to cashless payments. The survey confirmed the strong attachment to cash and proved that it is thought to be the cheapest and most convenient payment instrument. Customers were much more critical in assessing the safety and speed of cash payments. Despite noting the advantages of alternative payment instruments, including innovative ones, consumers' willingness to shift their payment habits from cash to alternative cashless instruments was low.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.