SNB’s Schlegel: We do not think that cash will disappear from use in Switzerland

  • Monetary policy is not affected by the declining use of cash
  • We monitor very closely the reduction in ATMs to prevent negative spiral in use of cash

The survey results here continue to highlight the importance of cash and ATM usage by businesses in Switzerland. Essentially, not much has changed since 2021 as cash is still king in the country.

This article was written by Justin Low at Source