The use of cash in Europe is declining as digital payments rise, with 52% of transactions in cash in the eurozone in 2024. Cash remains dominant in Southern and Eastern Europe, while Northern and Western Europe are more digital-first. The share of cash transactions varies significantly across countries, with the Netherlands at 22% and Malta at 67%. Cash is preferred for small-value purchases, but cards dominate payments over €50. Respondents value cash for its anonymity and immediate settlement, although younger consumers favor digital methods. Teljes cikk (Euronews.com)