Cash made up 59% of POS transactions and 42% of POS volume in EU in 2022

> While the move towards cashless payments continues, as the report shows, cash still plays an important role. It remains the predominant payment method at the point of sale and for person-to-person payments. Nonetheless, cashless payments are on the rise, supported by a shift from purchases at the point of sale to online purchases ... the majority of euro area consumers considered having cash as a payment option to be important or very important ... The perceived key advantages of cash were its anonymity and protection of privacy and the perception that it makes one more aware of one’s own expenses.