The world of finance has
changed so much that using cashless payment services has
become the standard practice. Instead of asking whether we should use e-payment solutions or cash, we are now
thinking to make the computerised services more efficient, faster and safer.
However, this has deep implications for businesses, our society and the
government in general. For instance, the number of bank branches and automatic
teller machines (ATMs) is decreasing and this has reduced access to
cash. Simultaneously, the number of mobile wallets and the likes has
increased.
Photo credit: geralt from Pixabay
There is less access to cash
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