One in three Europeans ready to dump cash ahead of digital future

‘Over a third of Europeans would be happy to abandon cash and rely on electronic payments if they could, according to a study by ING bank released on Wednesday.
The survey of almost 15,000 respondents showed that over half used less cash over the last year, with 78 percent wanting to use less cash in the next 12 month.
The study covered respondents from 13 European countries and revealed that in many places where cash is most used, people are among the keenest to get rid of it.
With the rapid development of cashless payment systems such as contactless cards and mobile-phone digital wallets as well as the expansion of digital currencies, the future of physical money has come under the spotlight. The increasing interest of central banks in new cashless schemes has promoted the trend.’
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