Abstract
Over the past decades, we have witnessed changes into how individual’s pay. In particular, there has been a drop in the use of cash as payment instrument both in terms of value and frequency. Consequently, the amount of outstanding cash is shrinking. For instance, in Sweden the level of cash is around 1.5% of Gross Domestic Product. This might be a tipping point for when cash is of practical use. In the paper, we present a research model that explores when merchants will stop accepting cash.
Original language | English |
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Title of host publication | Enterprise Applications, Markets and Services in the Finance Industry : Revised Papers of the 8th International Workshop, FinanceCom 2016 |
Editors | Stefan Feuerriegel, Dirk Neumann |
Number of pages | 9 |
Place of Publication | Heidelberg |
Publisher | Springer |
Publication date | 2017 |
Pages | 105-113 |
ISBN (Print) | 9783319527635 |
ISBN (Electronic) | 9783319527642 |
DOIs | |
Publication status | Published - 2017 |
Event | FinanceCom 2016: 8th International Workshop - Frankfurt, Germany Duration: 8 Dec 2016 → 8 Dec 2016 Conference number: 8 http://www.financecom2016.is.uni-freiburg.de/ |
Conference
Conference | FinanceCom 2016 |
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Number | 8 |
Country/Territory | Germany |
City | Frankfurt |
Period | 08/12/2016 → 08/12/2016 |
Internet address |
Series | Lecture Notes in Business Information Processing |
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Volume | 276 |
ISSN | 1865-1348 |
Keywords
- Cashless society
- Merchants
- Cash adoption