Italians withdraw about one billion euros from ATMs every day, according to data from the Business Union. As noted, although more and more transactions are made with cards, Italians still like to pay with cash, and among the eurozone countries, Italy is in last place in terms of the use of other payment tools.
According to data provided by the national Business Union (Unimpresa), last year ATMs Italians They paid out €360 billion, which is €10 billion more than in 2022 and €18 billion more than in 2021.
This means, it was noted, that the pandemic has not limited the habit of using cash. On the contrary – the attachment to it has increased.
Italy's attachment to cash
Among the countries eurozone Italy ranks last in terms of the use of payment tools other than cash.
At the same time, the number of payment cards in Italy is growing. There are now over 120 million, 5 million more than last year. There has been an increase of over 2 million in the number of cards that parents give to their underage children to manage their pocket money.
Business Union chief Giovanna Ferrara said that the abandonment of cash should not be imposed. – The choice of payment method should be left to citizens, respecting their preferences and needs – she added.
Another reason for the attachment to cash is the lack of habit of paying by card for small expenses, such as coffee.
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