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79 she predicts. “The trigger for the final transition to cashless will be when cash becomes too costly to supply and to accept. There are already indications that change is coming albeit slowly but surely.” There’s a falling supply and demand for cash: increasingly, banknote producers and mints are starting to consolidate and merchants are seeing the merits to cashless payments, shifting in favour of consumer demands. “The scales may tip in a new direction triggering the eventual exit of cash,” Quah notes. w w w.gi ga bi t ma ga z in e. com

Profile for Gigabit

Gigabit Magazine – May 2019  

Gigabit Magazine – May 2019