cashless

A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information between the transacting parties.

Source: en.wikipedia.org

Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’
Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’
February 14, 2020  |  International

The increasing number of businesses using cards over cash could prompt some companies in the U.K. to stop using cash altogether after hundreds of years...

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BOJ: 40 Pct Of Japan’s Financial Firms Victims Of Cyber Attacks
BOJ: 40 Pct Of Japan’s Financial Firms Victims Of Cyber Attacks
February 02, 2020  |  Security & Fraud

Ahead of hosting the 2020 Olympics in Tokyo this summer in July and August, Japan’s financial institutions have been cautioned to be especially on guard...

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Blibli.com Debuts Cashierless Store; Nordstrom Pilots Resale Concept
Blibli.com Debuts Cashierless Store; Nordstrom Pilots Resale Concept
January 31, 2020  |  Retail

eCommerce merchants are tapping into brick-and-mortar retail with cashless and cashierless stores. Indonesia’s Blibli.com, in one case, has opened the first location for its BlibliMart grocery...

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Mercari Acquires Rival Marketplace App Origami
Mercari Acquires Rival Marketplace App Origami
January 24, 2020  |  Partnerships / Acquisitions

Mercari, the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami, a payments platform also in Japan. The...

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DBS Introduces QR Code Product For B2B Payments 
DBS Introduces QR Code Product For B2B Payments 
January 20, 2020  |  B2B Payments

Singapore-based financial services company DBS has launched an industry-first, QR code-based solution for B2B payments and collections, the company announced on Monday (Jan. 20). Get...

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Malaysia Promotes Cashless Society With eWallet Incentive Award
Malaysia Promotes Cashless Society With eWallet Incentive Award
January 20, 2020  |  International

 As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat (people’s e-cash) program,...

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Visa To School Olympic Athletes On Finance Management
Visa To School Olympic Athletes On Finance Management
January 14, 2020  |  VISA

Visa has announced that it is sponsoring athletes from the Olympic and Paralympic Games and teaching them about financial literacy for when their athletic careers...

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Tesco Customers Unhappy With Cashless-Only ‘Scan As You Shop’
Tesco Customers Unhappy With Cashless-Only ‘Scan As You Shop’
January 03, 2020  |  Retail

Shoppers are reportedly disappointed that British supermarket Tesco won’t take cash payments any longer on its “scan as you shop” system. The system lets shoppers pack as...

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Africa’s Quiet Cashless Payments Revolution
Africa’s Quiet Cashless Payments Revolution
January 01, 2020  |  Digital Payments

While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. It all depends...

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