- Topics›
- Business digitization in the U.S.›
Modes of Payment
Most Europeans still cling to physical cash while nations in Asia have embraced cashless payments the most. This is the conclusion of the 2018 World Cash Report that lists different studies analyzing peoples’ habit to pay by cash or card (or even mobile).
While most of the studies are so called diary studies where people log their everyday lives, they are designed differently and might yield different results. Yet, comparing the figures proves interesting to gain a general understanding of which countries are more or less prone to use cash.
Japan is one of the exception to the rule of Asian countries loving cashless payments. In 2019, the country's government revealed its “Cashless Vision” which is looking to increase cashless payments to 40 percent by 2025. Right now, only around 18 percent of payments in Japan are cashless, according to the Japanese government. While this is comparable with rates in several European countries like Spain, Italy and Germany, regional neighbors China and South Korea have embraced cashless payments to a much larger degree.
Katharina Buchholz
Data Journalist
katharina.buchholz@statista.com
Description
This chart shows cash payments as a share of all payments in selected countries (2018).
Report
Related Infographics
FAQ
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL. More Information
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.
For individual content and infographics in your Corporate Design, please visit our agency website www.statista.design
Any more questions?
Get in touch with us quickly and easily.
We are happy tohelp!
Do you still have questions?
Feel free to contact us anytime using our contact form or visit our FAQ page.
Your contact to the Infographics Newsroom
Felix Richter
Data Journalist
felix.richter@statista.com +49 (40) 284 841 557
Statista Content & Design
Need infographics, animated videos, presentations, data research or social media charts?
The Statista Infographic Newsletter
Receive a new up-to-date issue every day for free
- Our infographics team prepares current information in a clear and understandable format
- Relevant facts covering media, economy, e-commerce, and FMCG topics
- Use our newsletter overview to manage the topics that you have subscribed to
