Cash is becoming scarce: Citizens are having more and more difficulty accessing cash and paying in cash.

Cash is becoming scarce: Citizens are having more and more difficulty accessing cash and paying in cash.

According to a report by www.faz.net, a representative survey commissioned by the Federal Association of Consumer Organizations shows that it is becoming increasingly problematic for citizens to obtain cash and therefore pay in cash. A quarter of respondents said the path to withdrawing cash had lengthened over the past three years, while only 13 percent reported it had shortened. In addition, 23 percent of respondents believe that the cost of withdrawing cash has increased, and 27 percent were unable to pay in cash at least once in the past six months.

This tendency can lead to significant impacts on the market and consumers. Increased difficulty in obtaining cash could lead to increased use of electronic payment methods and digital currencies. A decline in cash payments could also have an impact on liquidity in the retail and hospitality sectors, as establishments may have to pay higher fees for card payments. Additionally, consumers who rely on cash may have difficulty making their daily purchases.

It is important that governments and financial institutions carefully monitor the impact of this development and, where necessary, take measures to ensure accessibility to cash and protect consumers' interests. It is also crucial that consumers are informed about their rights and options to ensure they continue to have the choice whether to pay in cash or electronically.