However, it is not in all cases the preferred method of payment, particularly for higher value transactions, since use of currency involves handling, storage and security costs which may not arise to the same extent with other methods. Payment by means of certain electronic methods score well on some aspects and poorly on others.
However, the relative importance of these various attributes is very dependent on the type of payment being made. Cash can be very convenient in some situations, but a real nuisance in others – and the same is true for other technologies. Probably the key conclusion is that different payment technologies are not inherently inferior or superior to one another.