Cash in the system has been steadily rising even though the government and the RBI pushed for a “less cash society”, digitization of payments and slapped restrictions on the use of cash in various transactions.
The Association of Convenience Stores (ACS) has welcomed the publication of the final Access to Cash Review, calling on the Government to ensure that consumer’s access to cash is protected in the future. The review notes that while the UK’s
TRENTON, NJ — New Jersey Governor Phil Murphy signed legislation on March 19 barring cashless stores throughout the Garden State. The bill, A-591, was introduced by Assemblyman Paul D. Moriarty (Dist. 4 – Camden and Gloucester) and Assemblywoman Verlina Reynolds-Jackson
Nigeria might be Africa’s largest economy, but when it comes to financial matters, people typically favour cash payments over technology. Despite high mobile penetration, only 6% of the population uses mobile phones to make financial transactions.
The payments mix in the United Kingdom (UK) currently is extremely varied between physical cash and digital transactions. As Banks and Fintechs rapidly expand their portfolio of digital banking products, consumers across all generations are embracing digital innovations that mirror