Belgian businesses accept less cash now than previous years, new research shows. Research reveals only about eighty-one percent of Belgian businesses accept cash payments.
Cash acceptance dropped significantly from previous years, marking Belgium among eurozone's lowest.
Europe's average cash acceptance rate increased, unlike Belgium's remarkable decline noted recently. Cash remains more widely used than bank cards or mobile payments across Europe generally.
Major cash acceptance reduction results from less cash usage and security concerns reported. Despite trends, over ninety percent of Belgian businesses plan to keep accepting cash.