Do you carry more cash than the average person?
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57% of consumers pay transactions using non-cash methods.
As of January 1st 2013, no more new Canadian bills have been printed.
45% of consumers pay transactions using non-cash methods.
134.2 billion cashless transactions were made in US and Canada in 2013.
36.6 billion cashless transactions were made in 2013.
15% of consumers pay transactions using non-cash methods.
16% of consumers pay transactions using non-cash methods.
59% of consumers pay transactions using non-cash methods.
56% of consumers pay transactions using non-cash methods.
In Belgium there is a limit of €3,000 cash payment limit.
60% of consumers pay transactions using non-cash methods.
33% of consumers pay transactions using non-cash methods.
88% of the German population have a debit card.
91.4 billion cashless transactions were made in 2013
An estimated 121 billion non-cash payments are predicted to be made by the end of 2015, with this number increasing to 177 billion by 2020.
59% of consumers pay transactions using non-cash methods.
Four out of five purchases are now made electronically.
South Africa and Kenya have the most significantly adopted cashless payment system in Africa.
43% of South Africans and 27% of Kenyans have adopted the cashless system.
37.5 billion cashless transactions were made in 2013.
36.3 billion cashless transactions were made in 2013.
29.6 billion cashless transactions were made in 2013.
61% of consumers pay transactions using non-cash methods.
35% of consumers pay transactions using non-cash methods.
10% of consumers pay transactions using non-cash methods.
29% of consumers pay transactions using non-cash methods.
South Korea saw the share of cash move from 40% to 25% between 2002 and 2006.
14% of consumers pay transactions using non-cash methods.
Leader of the global trend of a cashless society.
Nearly 40% of it’s population uses Danske Bank’s MobilePay.
84.2% of transactions were made using cards.
The Danish government has said retailers, restaurants and petrol stations should not be legally bound to accept cash by January 2016.
The technology used to go cashless can offer potential security benefits such as it’s easier to shut down a remote wallet if it gets stolen and cashless options such as Apply Pay use your finger print which is hard to replicate.
Going cashless eliminates the need to carry cash and payments can be made with the tap of a card/ smartphone.
Losing your cash or your credit cards will be a thing of the past.
Hackers would-be thieves are undoubtedly working on hacking techniques in the anticipation of a cashless future.
Banks now supply contactless debit cards, which allow you to tap your card onto a checkout reader to pay for products. This avoids the necessity of entering your pin number.
Some banks now allow you to transfer money to a person, just by using their mobile number. You use your banking app to pay someone without the need for cash or account numbers.
If you and the person you’re sending money to have a Gmail account and Google Wallet, you can now send money as an attachment on their email.
Allows to uou load funds onto a prepaid card, meaning you can only use the amount of money that you have loaded onto the card.