Post by Bank for International Settlements – BIS

New technologies, payment system enhancements and evolving user expectations are changing the way people pay. The use of cashless payments continues to increase globally. Even so, it is impossible to imagine a world without cash, as it still plays a prominent role in people’s lives. This latest CPMI Brief highlights retail payment trends as observed in the 2024 Red Book statistics. These figures were collected in the second half of 2025 from member jurisdictions of the BIS’ Committee on Payments and Market Infrastructures and are publicly available via the BIS Data Portal. Credit transfers are the fastest growing cashless payment method in emerging market and developing economies (EMDEs), while the growth in cashless payments in advanced economies (AEs) is mainly driven by growth in card payments. Fast payments are gaining ground and are a key driver behind the growth of credit transfers in EMDEs. Fast payments are increasingly used for small-value payments in both EMDEs and AEs. Cash withdrawals are declining. However, cash in circulation has largely stabilised, underscoring the enduring relevance of cash in economies. Read the full CPMI Brief here: https://bit.ly/4d8s0gA #CPMI #Payments #Cash