The advantages of innovation

The use of cash as the most common means of payment accentuated last year the downward trend that began in 2014. Only 35.9% of citizens opt for banknotes and coins, according to the latest survey published by the Bank from Spain. Alternative means of payment, on the other hand, continued to grow in 2020, especially the card, the preferred option by 54.1% of those surveyed. These conclusions can be extended to small businesses: 64.8% opt for card payments compared to 26.4% who use cash. The client wants to have all the payment options at his disposal to choose the one that suits him best at all times. Comfort and speed … See more .

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