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Feb 26, 2019 by admin

It’s been suggested that emerging markets could see a major economic boost if they made just one simple change: go cash-less. It’s already happening around the world, and there is good reason to go cash-less.

Storing cash is risky, especially if you have a lot of cash. In developing nations, one job might lead to significant sums of cash for someone, but they’ll need to live on that for week or months while they find more work. High incident rates of theft are propelling more retailers to adopt credit card terminals to store money digitally and make it harder for thieves to steal.