Word from the Co-Op is that customers turning to contactless payment systems has been on the rise in a big way, and although most of its tabs are paid with cash—about 65 percent of same—there's been a lot of growth in contactless.
While the notion that only around one in every 33 transactions in the United States takes place with mobile payments, that's not exactly bad news.
Austrians should have a constitutional right to pay cash according to Harald Mahrer.
Sweden is not the only country interested in eradicating cash. Its neighbor, Denmark, is also making great strides to lessen the circulation of banknotes in the country.
Despite the rise of new options at the cashier, cash still seems to be the preferred payment method for holiday shoppers.
According to a new report from the ATM Industry Association, mobile payments are unlikely to make a dent in the real customer demand for cash over a span of the next five years.
71% of Canadians wouldn’t mind never touching cash again and that's not a bad thing.