How will cash be used in the future? A recent Bundesbank study has investigated this question, outlining three different scenarios for cash payments in 2037. The study provides an idea of the social and economic environment in which cash will be embedded in the future.

The study commissioned by the Bundesbank was prepared by the service provider VDI/VDE Innovation + Technik and the opinion research institute Sinus between February 2022 and November 2023. Using interviews with academics, cash cycle experts and social associations, as well as extensive literature research and a representative online survey, it identifies a number of key factors that could have an impact on the future development of cash.