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Cash transactions are quicker and cheaper – states Germany’s Bundesbank

A new study out this week has stated that cash is still the quickest and most cost effective form of payment at the point of sale.

Cash Transactions Are Quicker And Cheaper – States Germany’s Bundesbank

The study found that an average cash payment transaction at the point of sale takes around 22 seconds, compared with roughly 29 seconds for card and PIN payments and as long as around 38 seconds for card and signature transactions.

Read on to find out more …

 

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