As more people pay for things with digital wallets and contactless cards, there’s no surprise there will be a decline in cash transactions. Fewer cash transactions equal less of a need for ATM machines. All of this makes sense. However, a drop in cash use doesn’t mean ATMs are out completely. A recent report showed that the numbers of ATMs...
Though many have embraced using mobile wallets and contactless payments, cash isn’t expected to go anywhere soon in the U.S. It may no longer be the king it once was in places like Sweden and China, where people are rushing toward cashless societies, but people in this nation aren’t abandoning their cash yet. With people still using paper money and...
Apparently, switching to digital payment could bring even more trouble. If you’ve been thinking about shifting to digital payment platforms hoping that you would avoid fraud, you may be in for a rude shock. The most popular kind of fraud in the digital world is called “friendly fraud.” You would wonder why someone had to call it “friendly” when indeed...
