Spain’s Pro-Cash Platform Makes a Difference

Denaria Platform is a Spanish association established to support payment choice through the maintenance of cash. It is working to ensure society is aware just how important cash is both economically and for financial and social inclusion. Its President, Javier Rupérez, presented its work at the Future of Cash conference in Madrid in September 2022.

In September 2021 Denaria Platform commissioned and published a survey about the role of cash in Spanish society.

The results showed an overwhelming attachment to and understanding of the role of cash. 70% of Spaniards considered access to cash essential in their lives, just over 30 million people.

In this context, Denaria Platform is highlighting that removing the ability of people and businesses to use cash has the most effect on socially or economically vulnerable groups, such as the elderly, the disabled, rural areas or small businesses. Many citizens in Spain feel themselves financially excluded. Rural areas in Spain face particular challenges of depopulation and cash is particularly important for these communities.