Sentence examples for cash usage from inspiring English sources
Nevertheless, a few countries are seeing dramatic falls in cash usage.
It said that while cash usage will drop, it will be around for many years to come.
DNB has said 60 per cent of Norwegian cash usage is out of government control and is being used in money laundering schemes and black market deals.
What's interesting is that the trends backing this up including financial inclusion and "diminishing cash usage".
However, it has been recognized that handling dual processes such as the development of cash usage and card usage— for a long period would be expensive for both the payments industry, and its customers (Tumpel-Gugerell 2009; citealtEuropean12009
I also see the potential for credit card obsolescence by 2020 and – hold onto your hats – the slow reduction of cash usage by 2025-2030.
Additionally, a fourth specification controls for the intensity of cash (or alternative, cards) usage across sectors.
The EU directive 2005/06/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing tries to prevent such crime by requiring banks, real estate agents and many more companies to investigate and report usage of cash in excess of €15,000.
Other debit cards will charge a usage fee for cash withdrawals (2.75 per cent to 2.99 per cent) plus an ATM withdrawal charge, typically between £1.50 and £3.00.
Today it claims over 100 million registered users, thanks to a surge in adoption following the Indian government's 2016 demonetization campaign which removed 500 INR and 1,000 INR notes in a bid to crack down on illicit usage and counterfeit cash.
