Do sociodemographic factors impact in the use of cash in retail transactions?

An analysis in the city of São Paulo

Authors

  • Carlos Kawamoto Banco Central do Brasil

DOI:

https://doi.org/10.12712/rpca.v15i3.50882

Abstract

This paper presents the result of a study that assessed the use of cash in retail transactions in the city of São Paulo and the influence of individuals´ sociodemographic condition and transaction value on the likelihood of paying with banknotes. Respondents were selected by quota sampling process based on their sociodemographic profiles. The analyses were carried out using Pearson´s chi-squared test, as well as estimates from probit models. The results indicated that 56% of the respondents´ last purchases were settled in cash, and that both the transaction value and the buyer´s sociodemographic condition influence the likelihood of using banknotes.

Downloads

Download data is not yet available.

Downloads

Published

2021-11-03

Issue

Vol. 15 No. 3 (2021)

Section

Artigos/Papers

License

Authors retain the copyright and grant the journal the right of first publication with simultaneously license under the Creative Commons Attribution License, permitting sharing the paper with acknowledgment of its first publication in this journal.

Authors are allowed to take additional contracts for non-exclusive distribution of the version of the paper published in this journal (eg, publish in institutional repository or publish as a chapter of a book), always with an acknowledgment of its initial publication in this journal.