25 Martina Maté, MSc. Assistant University of Zadar Department of Economics E-mail: mmate@unizd.hr Orcid: https://orcid.org/0000-0002-1290-9209 Zvonimir Brizar Doctoral student University of Zagreb Faculty of Economics & Business E-mail: zbrizar@net.efzg.hr Orcid: https://orcid.org/0009-0001-6723-8756 TRENDS AND DETERMINANTS OF CASH USAGE IN NON-EUROZONE EU MEMBER STATES 1 UDC / UDK: 336.744(4-67EU) JEL classification / JEL klasifikacija: D12, E42, F55, G21, O31, O32 DOI: 10.17818/EMIP/2024/1.2 Original scientific paper / Izvorni znanstveni rad Received / Primljeno: March 17, 2023 / 17. ožujka 2023. Accepted / Prihvaćeno: May 17, 2023 / 17. svibnja 2023. Abstract Technological progress and digital innovations changes consumer payment habits worldwide. Although cash payments are still predominant payment method in European countries, a decreasing trend is observed. Simplicity and accessibility of non-cash ways of payments, along with decreasing availability and restrictions on the use of cash, threaten to push cash from circulation. On the other hand, European Central Bank expressed the importance of cash as a store of value and reliable payment instrument that should be available to all eurozone citizens. The aim of this paper is to analyse the trends and determinants of cash usage in 8 non-euro zone European union countries over the 2013 – 2021 period, based on set of selected indicators. The result show heterogeneity within the group, but with a common downward trend, and the significant influence of technological and sociocultural indicators on cash usage. Keywords: Non-euro zone member states, payment habits, demand for cash, determinants of cash usage 1 This research has been funded by the University of Zadar under the project number IP.01.2021.14