The War on Cash!

From The Payments Business

The War on Cash!

I don’t understand the obsession some prominent people have with killing cash.

Cash to certain sections of our society is the main means of survival. Take away cash and there are many people, companies and communities that will suffer.

Until such time as banks, provide banking services to all people, I will continue to be a supporter of cash.

Ron Delnevo is a major commentator on the importance of cash. Read his brilliant article that explains why. Give Cash a Great Big Hug!

In the interests of balance I’ve picked on Mike Chambers who writes about cash regularly. Mike wrote a great piece on the history of cash, read it here.

The FCA and PSR have both come out strongly in favour of giving consumers a choice where cash is concerned. Read their joint statement. The Treasury also published its views, they make interesting reading.

Finextra joined in today with an apocalyptic article forecasting cash will go down to 17% of all payments. Read the article here.

If you support cash as well as other forms of payment, then let me know and I’ll publish some of your comments.

Only 2 weeks to go to our Payments Academy Seminar

There are still spaces available for our Payments Academy seminar on the 14th June at 4pm. Click on the image and save your place.

Our speakers include:

  • Simon Lyons, OBIE

  • Matt Keys, Biometrics and Digitalisation

  • JP Megue, author of the book, SEPA Credit Transfer

  • Hilary Smyth-Allen, Executive Lead, Supertech

Our Payments Survey

We’d like your help on understanding the priorities in the payment sector for the next 18 months.

What innovations is your company working on that you see as an important part of your success criteria.

Just send me an email and list the 3 main priorities your company is focusing on for the next 18 months. We’ll collate the data and publish the results and as a contributor you will receive a free copy of the published eBook. If you want to contribute anonymously then just write Anonymous on the Subject line.

Authors come and join us!

If you have a course you’ve always wanted to create or you have a course already developed please talk to us about partnering with us. We are focused on getting the right experts and SME’s to ensure the course is relevant.

If you’d like to talk to us about promoting your course, contact us.

Contributors Welcome

We have a community of over 10,000 payment professionals and if you’d like to get your message out to them, send me your copy and if appropriate we will publish it.

Our Partners:

Web Services

Looking for web services? Our partner RedcherryIT can help you. They provide design, production, support and hosting services as well as support for Office 360.

Contact David Hanmer

Software Integration

Looking for a partner to manage your payment platform requirements? OFS are specialists in providing support to customers on a wide range of software integration projects.

Contact John Smith

Project Support

Mansion House Consulting provide resources to the Tier 1 banks to undertake projects and provide support for new innovative and competitive products and services.

Contact Gerard Kenny