Transforming Cash Supply Chain Management: An NCR White Paper

 

With 2012 being slated as the year contactless payments hit the mainstream and the almost daily news of a new Near Field Communication (NFC) card or mobile device launch, one sure New Year’s prediction is that cash will continue to be widely used as a means of convenient day to day payment worldwide.

Currency in circulation continues to grow in almost every corner of the globe. To take just two examples, the European Central Bank and United States Federal Reserve Bank both report a near 9% increase in the level of their currencies in circulation over the past three years.