Going Cashless Society

Advanced Project contributes to the cashless society. A cashless society refers to a society where physical cash is not used, and most financial transactions are conducted digitally. The adoption of cashless payment methods has significantly increased due to various factors such as the ongoing COVID-19 pandemic, the popularity of e-commerce, and the convenience of digital payment methods, which are expected to continue in 2023. In addition to developing countries, including Africa and Southeast Asia, as well as developed countries with weak digital infrastructure, we provide cash-free solutions to accelerate the transition to a cashless society and contribute to economic growth. TIER is very flexible, complementing all types of payment methods including cards and mobile, with an initial payment applied offline and final payment made online. In the African market, TIER plans to start with South Africa and Lesotho as hubs, expanding to neighboring African countries. Next, in the Asian market, TIER plans to start with Japan, Vietnam, and Thailand as hubs, expanding its business to neighboring Asian countries.

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