May’s edition of Cash & Payment News

Payment news: This month we highlight a number of challenging areas for digital payments, rising card fees in the US and Germany, research that suggests people select banks based on branch proximity and that the pain of paying leads people to spend more and make unwise choices.

Cash news: Cash news is more positive, with the Community Access to Cash Pilots making real progress in the UK, cash volumes returning, and the latest US Payment Diary showing cash usage falling in line with the closure of places where low value transactions take place but cash held increasing across all age groups and incomes. In addition to general news, some of this is covered in two reports that focus on what is happening in the UK and US to cash and to payments.