For quite some time, there have been some speculations that cashless payments
are going to dethrone cash in the finance sector. It is believed that m-payments will very soon be the new
king. Several countries are already implementing the digital technologies
needed for this move. A report titled ‘End
of Cash Report’ has revealed that many believe that a cashless society will
offer various benefits. For instance, it would imply greater convenience for
shoppers and crime
prevention since digital payments are considered to be safer.
We
might soon live in a cashless society
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