Cashless

Would Your Business Survive in a Cashless Economy?

Would Your Business Survive in a Cashless Economy?

There has been significant advancement in the way we transact goods and services. Now, as we shift further into the digital era, money is moving with the high tech times.

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Money: Five Predictions for the Future According to Experts

Money: Five Predictions for the Future According to Experts

Most developed economies are rapidly moving towards becoming cashless societies. In the UK, only 30 per cent of payments are now made using notes and coins, and that is expected to fall to 10 per cent by 2034. In Sweden, Europe’s most cashless society, notes and coins account for just 2 per cent of transactions […]

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Is It Viable to Have a Cashless Society? 

In most countries around the world, cash is still the most accepted form of payment. In America 70 of retail transactions are still made with cash, according to a recent study by the Pew Research center, but in some countries, Sweden for example, only 13 of transactions are paid this way.

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India Far Away From Being Less-cash Economy, Must Address Digital Payments Security Issues: Nandan Nilekani

India Far Away From Being Less-cash Economy, Must Address Digital Payments Security Issues: Nandan Nilekani

India is still very far away from being a less-cash economy and security issues around digital payments system needed to be addressed to make the mode more acceptable, Nandan Nilekani said Wednesday.

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Sweden: How Cash Became More Trouble Than It’s Worth

Sweden: How Cash Became More Trouble Than It’s Worth

As a report warns the UK’s cash infrastructure could collapse, we look at the lessons from abroad.

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Cashless Trend Becoming a Crisis Debate in UK, US

Cashless Trend Becoming a Crisis Debate in UK, US

The rise in mobile payments technology and the related pressure being placed on legacy banking systems is threatening the financial stability of millions of people in the U.K. and the U.S., experts say, as bank branches and ATM’s begin to pull back from unprofitable areas and retailers increasingly move away from cash. A report in […]

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Mobile Payments, Debit Cards, Credit Cards New Lay of the Land at Mercedes-Benz Stadium

March 7, 2019 By: Steven Anderson We’ve seen mobile payments over the years step into a great many arenas, in some cases literal arenas.

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UK Cash System ‘On the Verge of Collapse’, Report Finds

UK Cash System ‘On the Verge of Collapse’, Report Finds

More than 8 million UK adults would struggle to cope in a cashless society, according to a major report which claims that the countrys cash infrastructure is in danger of collapsing.

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Is a Cashless Society Really Our Goal?

Is a Cashless Society Really Our Goal?

How these people will replace their cash with fancy new electronic contactless devices is a question as is who will bear the cost.

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Securing Consumer Rights in a Cashless Society

Securing Consumer Rights in a Cashless Society

A big shift in European payment regulations is set to fundamentally change the landscape for payments leaders and consumers alike. The EU’s Second Payment Services Directive (PSD2) is designed to promote innovation in the payments space.

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More Americans No Longer Carry Any Cash at All

More Americans No Longer Carry Any Cash at All

Not surprisingly, millennials are paving the way among people ditching bills and coins in favor of credit, debit and digital payments, through apps like Apple Pay, Venmo and Zelle. In fact, more than 1 in 10 millennials use their digital wallet for every purchase, according to a separate report by Experian – especially on food, […]

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Mizuho to Launch Digital Currency to Promote Cashless Payments in March

Mizuho to Launch Digital Currency to Promote Cashless Payments in March

TOKYO — Japan’s Mizuho Financial Group plans to introduce a proprietary digital currency that can be used for shopping and remitted at no cost, starting next March. Under the plan, retail shops using the currency will be charged fees significantly lower than for credit card services.

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