Money still reigns as a method of payment

Despite the strong technological advancement in the means of payment, the amount of banknotes and coins in circulation continues to grow around the world, according to a survey by the Central Bank. In Brazil, for example, the money in circulation in Brazil increased by 73% in the last decade, from R$ billion in 2007 to R$ 3,378 5,872 billion this year, according to informed Adriano Sambugaro, Gunnebo''s marketing director, in an exclusive interview to Cute News Portal. According to a survey by the Central Bank, held in 2013, 78% of the brazilian population uses money as payment, 12% opts for credit card and 9% by debit card.
Factors that drive By here, among the factors that strengthen the use of the money is the discount for payment in kind and the representative number of people without a bank account, according to Adriano. "Money is one of the most commonly used forms for payments. 50% of the population receives cash salary, the number of non bancarizados is still high despite having reduced in recent years. Another item that apparently will cause impact is the stimulus payment trade in sight with the rebate of the fee paid in the use of cards ". The use of money is more common for the payment of small amounts: 93% for expenses up to $10.00 and 69% for expenditure between 20.00 and $50.00 R$, for example. In addition, in comparison to the category of product, cash payment is more used in bakeries, rentals and condominiums, consumer account, neighborhood market and education.