While electronic payments like mobile and virtual currency tend to dominate contemporary payment discussions, cash is still the dominant form of currency for most consumers worldwide, accounting for 85% of all global retail transactions.

But the challenge for retailers – from large hypermarkets through to small convenience stores – is making the cash process streamlined and more efficient, as well as a more satisfying experience for the customer. To understand the importance of cash to global shoppers, Glory commissioned a research study among US, UK and Australian consumers.

The Cash Connection report:

• Examines how consumers use cash
• Explores the impact on retailers’ cash management strategies
• Provides helpful advice to retailers on managing the flow of physical currency through their business, to ensure cash performs for them now, as well as long into the future.