Finance: cashless payments are safer than using cash

The world of finance has been revolutionised because of the introduction of cashless payment services. These are considered safer than fiduciary money. Using e-payment facilities implies that you are protected from thefts or losses. Even if someone else has your smartphone, he/she will not be able to process financial transactions on your behalf. Thus, you do not have to worry about anything. Moreover, using cashless payment solutions reduces physical contact between individuals. During a time when social distancing is being encouraged, these are extremely convenient.

Cashless payments protect you from losses