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Global Cash IndexTM

Author(s): Cardtronics
Publication date: January 25, 2017

Despite Its age, Cash Still Endures In The Americas

In a day and age where funds zip around the world at the press of a tablet, phone or computer button, cash seems ancient and clunky. In fact, cash is ancient: It dates back to 600 B.C.¹ Since that time, cash has gone through a couple of facelifts and some plastic surgery. Dolphin teeth (Solomon Islands), squirrel pelts (Russia) and tea bricks (China)² have all turned into paper and metal coins. However, the original disadvantages cash came with still exist. Cash is heavy. It can be stolen. It’s easy to lose, and there’s nothing more embarrassing than opening your wallet at a cash-only location and realizing you’re short a few bucks.

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