Cash is being used less and less for making payments in many countries, including Canada and Sweden, which might … suggest that cash will eventually disappear. However, cash in circulation in most countries, including Canada, has been stable … for decades, and even rising in recent years. In contrast, aggregate cash demand in Sweden has been falling steadily. This …

This paper reports a cross-sectional study of the use of cash in retail transactions among 36 countries between 2010 …-17. The retail use of cash in increased with concern for privacy and decreased with trust in banks. An increase in concern for … with an increase in cash usage by 11.1 percentage points. An increase in trust in banks by one standard deviation …