Cashless economies : costs and benefits /
Many countries are moving in the direction of cashless transactions. The advantages include reduced risk of robbery, quicker processing of transactions, enhanced transparency, and reduced threat of corruption. In addition, the government saves the substantial cost of minting currency. Two concerns r...
| Main Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
London :
SAGE Publications: SAGE Business Cases Originals,
2021.
|
| Series: | SAGE business cases
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Many countries are moving in the direction of cashless transactions. The advantages include reduced risk of robbery, quicker processing of transactions, enhanced transparency, and reduced threat of corruption. In addition, the government saves the substantial cost of minting currency. Two concerns remain unresolved: (1) many people still need cash because they have not adapted to the digital age for a variety of reasons, and (2) the threat of identity theft and fraud continues. |
|---|---|
| Physical Description: | 1 online resource. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781529740134 1529740134 |