Non-cash society: we are setting off, are you ready?

 

The word is out: we are bound to become a non-cash society sooner that we thought! Do you know about the several new billing alternatives? If not, I recommend you take a step back and dive into a world of possibilities for you to access online payment solutions that suit your level of comfort. Indeed, the expansion of the financial industry with the latest digital innovations ought to leave us particularly enticed yet aware of our expenses.

The evolution taking place all around the online activities we are accustomed to, such as online shopping for example, makes it hard for one to maintain an old billing method as hard cash and physical card payments are slowly fading out of the picture. Instead, the Brits are settling for cashless methods when completing a purchase online. The electronic services for payments, seamless transfers and digital wallets do offer a fast yet convenient quality service to shoppers as much as they are an advantage for the retailer. Yet, despite the whole enthusiasm around going cashless, we still have to credit its novelty since the traditional card payment was still the British’s settlement method of choice up until 2017.

However, a final question remains: is becoming a contactless society really of our design or are we only influenced by a fast and progressive economy?

Credit: satheeshsankaran/pixabay

An illustration of card payments via mobile phone

Going cashless is the most common outcome awaiting the rise of the digital world of finance



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