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Cashless Payments: A Global Movement

May 27th, 2015 at 11:58 am

Click Image to Enlarge The shift towards a cashless society is transpiring all across the world, as countries join in and ditch cash for simpler, more efficient methods of payment. In 2011, 66% ($42 trillion) of total global consumer spending was done with cashless payments, and that number is quickly rising. This change has been made possible by recent advancements in technology. The movement towards a cash-free society has many pushers, including individual businesses who offer cashless payment methods and consumers who are eager to ditch cash. The movement has even been picked up by national governments who are recognizing the benefits of going cash-free and implementing reforms and initiatives […]

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