TOP 10 non-cash countries of the world

There are several reasons to not like cash, however, anyway, we continue to use them in our daily lives. Currently, the share of cash payments in the world accounts for about 85% of the total number of consumer payments. This percentage is also noted in some countries in which the majority of the population has access to cashless payments. Nevertheless, the share of cashless payments is gradually growing every year. MasterCard Advisors offers a journey through the "cashless world" and see how, under the influence of local factors, the world is gradually moving to electronic payment systems. CNBC report source. And we, the site about payment systems with monitoring of Web-payment.ru exchangers , supplemented it.

Each of the countries presented below is proof that it is actually possible to build a cashless society, and that once all the barriers that currently exist are removed, any state will be able to quickly switch to an electronic payment system for goods and services. Below is a ranking of the world's leading countries in introducing cashless payment technologies.

1 Belgium

• The share of cashless payments in the total volume of consumer payments: 93%
• Percentage of Belgians having a debit card: 86%

Belgium has become one of the most progressive countries in the field of cashless payments. Improving the efficiency of payment systems is one of the priorities of the Belgian government. Most of the country's population is urban and has free access to payment services, modern payment infrastructure and the latest technologies. It should also be noted that the Belgian government imposed a limit on cash payments in cash, the maximum amount of which cannot exceed 3,000 euros. However, this is not the only revolutionary payment solution. Recently, a new mobile payment system has been launched in Belgium, which allows you to pay for purchases using QR codes. An application created to manage a new wallet, called Sixdots. The mobile wallet is designed for working with Android and iOS operating systems. The payment system is supported by many Belgian banks and the mobile operator Proximus.

2 France

• The share of cashless payments in the total volume of consumer payments: 92%
• Percentage of French with a debit card: 69%

France has made great strides in avoiding traditional payment methods due to the large number of bank clients (97% of the country's population), as well as a government program aimed at improving the efficiency of payment systems and financial accounting of payments. France is focused on the implementation of innovative approaches in the field of electronic payments, the release of modern payment products such as mobile payment systems, contactless cards and mobile POS-terminals to meet the needs of all French payers. On February 13, 2014, Visa Europe and the French telecommunications operator Orange announced the launch of the Orange Cash contactless payment system in Strasbourg and Caen. These two cities occupy a leading position in the number of contactless payment users in France.

3 Canada

• The share of cashless payments in the total volume of consumer payments: 90%
• Percentage of Canadians with a debit card: 88%

Canada demonstrates a high level of development of the payment system due to its high level of financial accessibility (96% of Canadians aged 15 and over have a bank account) and a government program aimed at optimizing the national payment system. Successful initiatives in the field of cashless payments include the timely introduction of POS devices and the rapid distribution of MasterCard PayPass cards, which gave impetus to the development of new payment solutions with NFC support. 78.1% of Canadian outlets are equipped with POS-terminals; on average, 2.13 POS-devices fall on each Canadian store. The market volume for mobile POS-terminals and devices designed to accept contactless payments is growing by 9.2% and 16.4%, respectively.

4 United Kingdom

• The share of cashless payments in the total volume of consumer payments: 89%
• Percentage of Britons with a debit card: 88%

In the UK, cash is typically used for small retail purchases, but often even small purchases are paid using PayPass. Currently, there are not many places left in the country where only cash is accepted. In the UK, there are more and more contactless card acceptance points in places where consumer interest in such solutions is maximized, for example, on toll roads and in public transport. To date, there are 1,326,333 POS terminals in the UK, with the share of mobile and contactless POS devices in the total number of POS terminals increasing by 14.3% and 26.7% each year, respectively. The total volume of mobile payments through the popular British Paym system exceeded £ 26 million. Two-thirds (66%) of all Britons know about mobile payments,Paym .

5 Sweden

• The share of cashless payments in the total volume of consumer payments: 89%
• Percentage of Swedes having a debit card: 96%

The country has seen widespread use of debit cards for retail payments. Refusal of cash payments also occurs due to the reduction in the share of small purchases and the introduction of new technical solutions such as PayPass and mobile applications for purchases via smartphone. Since Sweden has long been committed to reducing the use of cash, the Swedish government has sought to make electronic payments affordable, affordable and ubiquitous. Contactless payments in the country currently amount to about € 9.5 billion. Leading Swedish mobile operators Telia, Tele2, Telenor and Three have launched WyWallet , a mobile payment service that has already reached 97% of Swedes with NFC-enabled mobile phones .

6 Australia

• The share of cashless payments in the total volume of consumer payments: 86%
• The percentage of Australians with a debit card: 79%

In Australia, the fight against cash is by reducing the proportion of cash payments in small retail purchases. Australian payment systems, including MasterCard and EFTPOS, have recently introduced new tariff rates in order to attract as many customers as possible making small cash purchases in electronic payments. Currently, the efforts of all Australian payment operators are aimed at capturing the market for small retail payments. The efforts of payment systems do not remain in vain. Australians increasingly prefer contactless payment methods. Merchants are also interested in electronic payments, equipping their outlets with payment terminals. In July last year alone, more than 58 million payments were made in Australia using Visa PayWave.

7 Netherlands

• The share of cashless payments in the total volume of consumer payments: 85%
• Percentage of Dutch with a debit card: 98%

Over the past few years, the number of cashless payments in Dutch supermarkets has increased significantly. This growth was the result of the Hotspot national project, launched in 2012 by the Effective Payment Facilitation Support Fund (SBEB). The goal of this initiative is to increase the security and convenience of payment transactions by customers of stores equipped with terminals for receiving plastic cards. About 2.9 billion plastic card transactions were completed in the Netherlands last year. The number of contactless payments also increased significantly and amounted to 8.3 million in 2014.

8 US

• The share of cashless payments in the total volume of consumer payments: 80%
• Percentage of Americans with a debit card: 72%

After Apple introduced its electronic wallet, as well as Microsoft, along with other high-tech companies, they released smart watches with payment capabilities in America, there was a significant increase in the number of non-cash payments.

Ken Chenot, CEO of American Express, said that he was not afraid of losing plastic cards as a type of payment instrument; moreover, Chenot did not exclude the possibility that ATMs would also become unclaimed in the coming years.

9 Germany

• The share of cashless payments in the total volume of consumer payments: 76%
• Percentage of Germans with a debit card: 88%

Munich Oktoberfest, widely known for its national costumes dirndl and lederhose, as well as tipsy American tourists, has become quite an expensive event in recent years: last fall a liter of beer at the famous festival cost about 10 euros.

A small consolation for the participants of the event was that they did not have to carry cash to pay for their purchases: to enjoy a glass of fresh Bavarian beer, it is enough to have a credit or debit plastic card with you. Cashless payments are accepted through smartphones equipped with an EMV reader.

10 South Korea

• The share of cashless payments in the total volume of consumer payments: 70%
• Percentage of South Koreans with a debit card: 58%

The popularity of cashless payments in South Korea would probably be higher, however, social and government initiatives aimed at reducing the issuance of consumer loans by reducing the number of credit card users do not allow the republic to take a leading position in the cashless payments market.

And where is Russia?

Currently, Russia is not among the leading countries in terms of non-cash payments, however, in general, Russians are not lagging behind the global trend. Residents of the Russian Federation are increasingly using bank cards to pay for purchases on the Internet and in traditional stores.

So, according to a RosIndex study by Synovate Comcon, as of the end of last year, 60% of adult Russians use bank cards. Over a quarter of Russians (26%) aged 18 and over have more than one bank card. Owning multiple cards is characteristic of economically active groups of the population. So, at the end of 2014, more than two cards were owned by 32% of the population of million-plus cities.

The most popular operations among Russian card holders were cash withdrawals (85%), payment of the Internet or mobile services (53%), as well as transferring funds from card to card (41%) and payment of utilities.