{"id":14436,"date":"2022-05-31T11:56:03","date_gmt":"2022-05-31T10:56:03","guid":{"rendered":"https:\/\/www.inforolot.com\/technology-and-it-causes-a-decline-in-cash-usage\/"},"modified":"2022-05-31T11:57:28","modified_gmt":"2022-05-31T10:57:28","slug":"technology-and-it-causes-a-decline-in-cash-usage","status":"publish","type":"post","link":"https:\/\/www.inforolot.com\/en\/technology-and-it-causes-a-decline-in-cash-usage\/","title":{"rendered":"Technology and IT causes a decline in cash usage"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14436\" class=\"elementor elementor-14436 elementor-14421\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-420e3ff0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"420e3ff0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-278dc685\" data-id=\"278dc685\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-568aaa9 elementor-widget elementor-widget-spacer\" data-id=\"568aaa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b067c45 elementor-widget elementor-widget-heading\" data-id=\"b067c45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-xxl\">Technology and IT causes a decline in cash usage<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a173bb1 elementor-widget elementor-widget-text-editor\" data-id=\"a173bb1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We have more and more digital\/technological tools that make it almost never necessary for us to use physical cash, which is causing a slow decline<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-841292f elementor-widget elementor-widget-spacer\" data-id=\"841292f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8aeea8f elementor-widget elementor-widget-heading\" data-id=\"8aeea8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Figures that indicate a clear trend<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e12e819 elementor-widget elementor-widget-text-editor\" data-id=\"e12e819\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If we review the history of transactions and expenses according to figures from the Bank of Spain, in a matter of 10 years, cash has lost a lot of relevance compared to electronic transactions.<\/p><p>In 2008, just over 1 million (registered) transactions were made with cash. 10 years later, that figure has dropped to 900,000.<\/p><p>In stark contrast, &#8220;digital&#8221; payment went from 1,900,000 in 2008 to no less than 3,900,000 in 2018. Almost twice.<\/p><p>And 4 years later, the figure is much higher: there was a very drastic decline in cash payments in 2020, and yes, as you can imagine, it was due to the pandemic. Many people wanted to avoid touching cash.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86da6b2 elementor-widget elementor-widget-spacer\" data-id=\"86da6b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2e7b44 elementor-widget elementor-widget-heading\" data-id=\"e2e7b44\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Dataphones: the beginning<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd963a7 elementor-widget elementor-widget-text-editor\" data-id=\"fd963a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The history of electronic payment terminals and points of sale dates back to the early 1980s when VISA created the credit card registration system device, which would later evolve into today&#8217;s common data terminal.<br>These devices have been around for decades but historically they have had quite a few limitations, and today<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cccdee elementor-widget elementor-widget-spacer\" data-id=\"9cccdee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7f0e1f elementor-widget elementor-widget-heading\" data-id=\"b7f0e1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">NFC and contactless payments<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d09922 elementor-widget elementor-widget-text-editor\" data-id=\"0d09922\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/es.wikipedia.org\/wiki\/Comunicaci%C3%B3n_de_campo_cercano\" target=\"_blank\" rel=\"noopener\">NFC<\/a>, as its name indicates (Near-Field Communication) is a very short-range communication technology, and its main use is to make payments at a very small physical distance, otherwise it is no longer enough. It became popular around 2015.<br>This technology is carried by modern dataphones to receive money, and on the other hand, most current credit cards, as well as most mobile phones, also incorporate a chip of this type, to be able to pay or send money to the dataphone, in both cases.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34512e0 elementor-widget elementor-widget-spacer\" data-id=\"34512e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d227996 elementor-widget elementor-widget-heading\" data-id=\"d227996\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Bizum<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64237a0 elementor-widget elementor-widget-text-editor\" data-id=\"64237a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There is no doubt that this program has been a small revolution in the matter of small daily payments that may arise. In many aspects, it is no longer necessary to pay friends and acquaintances in cash, it is no longer necessary to ask for change and count coins&#8230; Bizum is much simpler and easier, we write the exact amount of money, select the beneficiary, and that&#8217;s it. It is indicated above all for personal use and for small quantities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3811988 elementor-widget elementor-widget-spacer\" data-id=\"3811988\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-987281d elementor-widget elementor-widget-heading\" data-id=\"987281d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Electronic \/ Digital invoices<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0da465 elementor-widget elementor-widget-text-editor\" data-id=\"c0da465\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>At the business level, electronic invoices have become essential for the collection and payment of customers and suppliers. This system streamlines the slow and tedious process of invoice paperwork.<br>At Inforolot we have <a href=\"https:\/\/www.inforolot.com\/en\/electronic-invoice-and-signature\/\" target=\"_blank\" rel=\"noopener\">our own electronic invoicing solution<\/a>, which has been very useful to some of our clients, and it will surely get better, like all digital money, to the detriment of physical money.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7559b1f elementor-widget elementor-widget-spacer\" data-id=\"7559b1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-238507a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"238507a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-38b8c8f\" data-id=\"38b8c8f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9d30bd2 elementor-widget elementor-widget-image\" data-id=\"9d30bd2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"553\" src=\"https:\/\/www.inforolot.com\/wp-content\/uploads\/2022\/05\/bizum-dinero-metalico-768x553.jpg\" class=\"attachment-medium_large size-medium_large wp-image-14424\" alt=\"Bizum computer technology decline physical money\" srcset=\"https:\/\/www.inforolot.com\/wp-content\/uploads\/2022\/05\/bizum-dinero-metalico-768x553.jpg 768w, https:\/\/www.inforolot.com\/wp-content\/uploads\/2022\/05\/bizum-dinero-metalico-300x216.jpg 300w, https:\/\/www.inforolot.com\/wp-content\/uploads\/2022\/05\/bizum-dinero-metalico-1024x737.jpg 1024w, https:\/\/www.inforolot.com\/wp-content\/uploads\/2022\/05\/bizum-dinero-metalico.jpg 1084w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df9b255 elementor-widget elementor-widget-spacer\" data-id=\"df9b255\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div 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elementor-widget elementor-widget-spacer\" data-id=\"46ea6d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e3c6fb elementor-widget elementor-widget-heading\" data-id=\"5e3c6fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Latest articles from Inforolot<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6af4c3c elementor-widget elementor-widget-spacer\" data-id=\"6af4c3c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div 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href=\"https:\/\/www.inforolot.com\/en\/digital-transformation-in-the-food-industry-effective-solutions\/\" title=\"Digital transformation in the food industry: effective solutions\">Digital transformation in the food industry: effective solutions<\/a><\/h2><\/header><div class=\"eael-entry-header-after\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/www.inforolot.com\/en\/author\/aitana\/\"><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-on\"><time datetime=\"15 April 2025\">15 April 2025<\/time><\/span><\/div><\/div><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><a href=\"https:\/\/www.inforolot.com\/en\/digital-transformation-in-the-food-industry-effective-solutions\/\" class=\"eael-post-elements-readmore-btn\">Read more<\/a><\/div>\n                    <\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-18815 category-uncategorized\" data-id=\"18815\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.inforolot.com\/en\/inforolot-signs-an-alliance-with-aitana\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"553\" src=\"https:\/\/www.inforolot.com\/wp-content\/uploads\/2024\/12\/alianza-inforolot-aitana-768x553.png\" class=\"attachment-medium_large size-medium_large wp-image-18783\" alt=\"alliance inforolot aitana\" srcset=\"https:\/\/www.inforolot.com\/wp-content\/uploads\/2024\/12\/alianza-inforolot-aitana-768x553.png 768w, https:\/\/www.inforolot.com\/wp-content\/uploads\/2024\/12\/alianza-inforolot-aitana-300x216.png 300w, https:\/\/www.inforolot.com\/wp-content\/uploads\/2024\/12\/alianza-inforolot-aitana.png 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<\/div><\/div><\/div>\n        <\/div>\n    <\/article><\/div>\n            <div class=\"clearfix\"><\/div>\n        <\/div>            <div class=\"eael-load-more-button-wrap eael-force-hide\">\n                <button class=\"eael-load-more-button\" id=\"eael-load-more-btn-7506a9c\" data-widget-id=\"7506a9c\" data-widget=\"7506a9c\" data-page-id=\"14436\" data-template=\"{&quot;dir&quot;:&quot;lite&quot;,&quot;file_name&quot;:&quot;one.php&quot;,&quot;name&quot;:&quot;Post-Grid&quot;}\" data-class=\"Essential_Addons_Elementor\\Elements\\Post_Grid\" data-layout=\"grid\" data-page=\"1\" data-args=\"orderby=date&amp;order=desc&amp;ignore_sticky_posts=1&amp;post_status=publish&amp;posts_per_page=3&amp;offset=1&amp;post_type=post\" data-max-page=\"20\">\n                    <span class=\"eael-btn-loader button__loader\"><\/span>\n                    <span class=\"eael_load_more_text\">Load more<\/span>\n                <\/button>\n            <\/div>\n            \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-506d02b elementor-widget elementor-widget-spacer\" data-id=\"506d02b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Technology and IT causes a decline in cash usage We have more and more digital\/technological tools that make it almost never necessary for us to use physical cash, which is causing a slow decline Figures that indicate a clear trend If we review the history of transactions and expenses according to figures from the Bank &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.inforolot.com\/en\/inforolot-signs-an-alliance-with-aitana\/\"> <span class=\"screen-reader-text\">Inforolot signs an alliance with Aitana<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":14424,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-14436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Technology and IT causes a decline in cash usage<\/title>\n<meta name=\"description\" content=\"We have more and more digital\/technological tools that mean that physical cash is suffering more and more decline.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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