Enhancing the Resilience of the Cash Infrastructure

At the ATMIA Europe & Emerging Markets conference in October Thierry Lebeaux, Secretary General of the European Security Transport Association (ESTA) presented about the impact of less cash in the euro area on the cash in transit industry. Dr Rüdiger Voss also presented on the European Commission Euro protection and euro cash.

While decline is not uniform, the rate of reduction in cash payments has doubled between 2016 to 2019 and 2019 to 2022.

In 2023, for the first time cash in circulation fell in the euro area.

It appears that the cash paradox is no longer true in the euro area. As cash returns from circulation there is now a lot of cash in vaults. Where it sits depends on the organisation of the cash cycle.