The Essential Role of Coins in Payments
Coins have many uses – in transactions, as collectors items, or for investment purposes. However, their core role is their use in payments, a role that is under threat as many countries move increasingly towards digital payments. But the importance of cash is paramount in a payments landscape and, as part of that, an efficient cash cycle cannot function without coins.
At the upcoming Currency Conference, a workshop will be held on 15 May dedicated to coins, focusing on their intrinsic, essential and yet often overlooked role in the cash cycle, examining their importance for payments, the challenges they face, and how they can be made more cost-effective and accessible.
The workshop will be run by Astrid Mitchell, Editor of Currency News™, and John Winchcombe, Editor of Cash & Payment News™, and will look at recent developments in the circulating coin landscape from four perspectives.
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