The Trend of the Cashless Society

Introduction to digital payments is one. The adoption of digital payment methods such as credit cards, debit cards, mobile payments, and e-wallets has been rapidly increasing in recent years. COVID Pandemic has also made this fast. The COVID-19 pandemic has accelerated the adoption of cashless payment methods as people become more cautious about handling physical cash due to concerns about virus transmission. Many businesses have also started to prefer contactless payment methods to minimize physical contact. The trend towards a cashless society is expected to continue for the next few years!

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