Cash payments still declining, Norges Bank report finds
Norwegians are making more and smaller payments using cards
Norwegians are increasingly using debit cards instead of cash, according to a report on retail payments published on June 9 by Norges Bank.
Cash use has fallen every year since 2007, Norges Bank said, with the value of ATM withdrawals in 2014 down 11% on the previous year. Norwegians made an average of just 11 ATM withdrawals over the year, compared with 45 in the UK.
The downward trend in cash is mirrored by an upward trend in the use of cards. Norwegians averaged 369 payments by card during
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