The shortage of coins has become a constant challenge for small billium traders. Despite the increase in digital transactions that facilitate daily life of retailers and consumers, the shortage of metallic currencies in the market is compromising the change in shopping. The habit of storing coins at home and the production of these monetary units will worsen the situation.
Rare coins in the cashier
For Jose Ribamar Costa, who has a long experience in the middle of the Para capital, has been directly influenced by the use of coins – a change in consumer behavior – a change in the behavior of consumer.
Ribamar Costa. (Photo: Wagner parenting)
“I have a good reserve that I built over time, but I see that it is declining today. Cash sale is very low,” he said.
He recognized that he had never lost sale due to lack of change, but that it was more difficult to maintain a stock of coins.
Vitaria Regia Mendis, who works in the famous trade, has already reported that he has already lost coins, because he has already lost customers because he has no coins.
“When I see a person with a paisa, I will change. I will buy a coin and give it a small paper. I will do business with customers. But I will lose sale sometimes.”
Royal victory. (Photo: Wagner parenting)
For her, the picks representing 80% of her transactions have been a relief, but yet the problem is not fully solved by those who like to pay.
Invisible Villain: Entering
According to Economist Genardo Olivera, 35% of Brazil is not in the currency market, stored in Piggy Bank or forgotten in drawers. This phenomenon, called the erosion, along with less currency production – are expensive to be made – contributes to the problem that traders have experienced in everyday life.
“There are more than 31 billion metal coins in the country, but they should not be: Trades boxes. It is worse in the north and northeastern areas, because the money is even more high, because of the difficult access to the lower -bank and the Internet.”
Digital Payments: Solution and Challenge
The emergence and popularity of the picks created in 2020 changed consumer habits. For traders, it has brought advantage of more practicality and less physical cash. On the other hand, for customers who still rely on cash, especially in areas where low -connected areas are interrupted by normal transactions.
“Picks helped a lot, which is practical,” said Ribamar. However, for a small buyer who still uses notes and coins, he recognizes that the change has become a problem.
Campaigns and timeless solutions
The Central Bank is in time campaign to encourage currencies to return to the market, but experts still do not have a continuous and effective approach to solving the problem. Meanwhile, traders create their own solutions: temporary exchange with customers, buying price and buying coins.
“I will deal with customers. They understand that it is difficult to find currency,” Vitaria said. But, as the economist points out, the shortage continues, without a national strategy that stimulates monetary circulation – and small trades, still dependent on coin transplant, continue to experience the effects of the effects.
What is the reason for the lack of currencies in the market?
For economist Genardo Olivera, the shortage of coins is attributed to many factors:
- Not developed: Most people keep coins in the house, prevent their circulation;
- Less product: The cost of currency manufacturing is high and some cost is more than their face value;
- Price is rounding: Most traders surround values to prevent problems with change;
- Digital payments: Increased card usage and picks reduced the need for currencies for daily transactions.
