E-payment: the benefits of a cashless society


Since quite some years, e-payment services have taken over several sectors. Experts have even predicted that with facilities such as mobile wallets and others, we might soon become a cashless society. Indeed, more and more retailers are opting to introduce these settlement solutions. What are their benefits? The main advantage of digital systems would be the end of cash-based criminal activity. Some examples of these are money laundering or robberies. Moreover, there is the risk of damage to physical cash. As such, banks have to spend a lot of time monitoring this activity. Thus, the shift to cashless will facilitate things for various firms.



A cashless society is safer

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