Despite the Hype, Cardholders Still Rely on Cash & Account Access The truth is people love convenience and reliable payment options. While many reports talk about the decline of cash and, consequently, ATMs…the truth is quite the reverse.
Despite digital options, consumers in the Middle East and South Africa still have their hearts (and wallets) set on cash. In fact, cash use in the region is projected to reach $1.4 trillion by 2021, creating an uphill battle for
Allowing consumers to make bill payments in cash at participating retail locations significantly increases the convenience of paying bills for unbanked or underbanked consumers. Add to that, the convenience of not having to get into a separate line is a
Finextra reported that the K trade association, UK Finance has determined that payments conducted in cash have fallen to the level of debit cards, which is to say, cash is still really popular, just a little less so. This trend is
Some retail outlets are experimenting with moving to digital payment-only operations. As non-cash payments become the norm, some retailers, particularly in hospitality, no longer accept cash. While there are downsides to managing cash, what are the pitfalls of refusing to