Cash is changing hands less frequently than ever before. In the US, it accounted for 30% of retail purchases in 2020, down from 40% in 2009. In the UK, the change has been even more rapid: only 23% of payments are made in cash, down from 60% in 2009.
Cash is changing hands less frequently than ever before. In the US, it accounted for 30% of retail purchases in 2020, down from 40% in 2009. In the UK, the change has been even more rapid: ...
Nationwide Building Society in the U.K. has deployed contactless payment technology to help raise money to fight homelessness. NBS, the U.K.
Study says 97% of population carry coins or notes after report warned of cash’s demise
As digital payments catch on, organizations are testing ways to look out for those left behind.
Farmers from out of town arrive at the fruit and veg market in Henan Province, China, pulling in their wares on a donkey cart. Around the animals’ necks hang QR codes, which shoppers scan ...
The government of Austria is backing the creation of a pandemic-related app based on the blockchain and provided a grant of $67,600 to the QualiSig program.
Even the homeless are getting on board with contactless payments, through a new U.K. wide initiative between Swedish payments company iZettle and the Big Issue Foundation, which enables ...
Payment apps like Alipay and WeChat transformed daily life in China. The West won’t see a similar payments revolution—and that might even be a good thing.
World Homeless Day is October 10, and now more than ever, those experiencing homelessness need to be protected from a two-pronged threat -- Covid-19 and cold weather.