Swiss National Bank payment survey.

“Cash accounts for 70% of all payment transactions in Switzerland and 45% of transaction values.”

The results of a survey conducted by the Swiss National Bank have been published and the findings challenge the popular (mis)conception that cash is on the way out.

“Overall, the survey paints a picture of multifaceted use of payment methods by households in Switzerland. The results indicate the well-functioning coexistence of cash and cashless payment methods, as well as a high level of satisfaction with existing payment options on the part of households.”

Link to the article here.