The use of cash in society

Analysis - March 2022 - No. 3

Authors Heisel, Jakob Mølgaard
Subject Payments; Retail payments; Cash; Digitalisation
Type Analysis
Year 2022
Published 3 March 2022
Abstract icon Danmarks Nationalbank has conducted a survey of the use of cash in Denmark. Danes are relying less and less on cash when paying for goods and services in stores, but cash is still used as a store of value and for person-to-person payments. For instance, more than one in three Danes hold cash savings.