Cash Is Dead, Long Live Cash
Virtual payments are fast displacing cash, but not completely and not everywhere Fewer Nordic banks are using cash in their branches. India recently scrapped 86 percent of its banknotes. Korea plans to stop minting coins by 2020. Online payments are booming. The march toward a cashless society, it seems, is…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: International Money Fund

