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Italians shop with hard cash in the pocket

Sante J. AchilleSante J. Achille  Feb 17, 2008

According to recent statistics released by Banca d’Italia credit cards and similar electronic payment cards are present in more than 50% of Italians wallets and are unused, preferring cash at the check-out counter.

According to BankItalia, in 2006 Italians spent € 943,00 and paid by cash, approximately 48% of monthly expenditure. Electronic cash suffers slow growth and online shopping is estimated to be present in about 9% of households. Prepaid cards are used by 2,2% of families.

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4 Responses to “Italians shop with hard cash in the pocket”

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    February 17th, 2008 at 6:59 pm

    […] default@goarticles.com (Louis Rix) wrote an interesting post today onHere’s a quick excerptAccording to recent statistics released by Banca d’Italia credit cards and similar electronic payment cards are present in more than 50% of Italians wallets and are unused, preferring cash at the check-out counter. … […]

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    February 17th, 2008 at 9:35 pm

    […] Italians shop with hard cash in the pocket According to recent statistics released by Banca d’Italia credit cards and similar electronic payment cards are present in more than 50% of Italians wallets and are unused, preferring cash at the check-out counter. … […]

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