The 31st Mint Directors Conference took places in Ottawa, bringing in more than 250 interested participants from around the world to address topics of mutual concern.
Why Retailers Should Include Cash Payments As Part Of Their Post Pandemic Payment Strategy?
By Breanna Brown, APG Cash Drawer
The pandemic has brought new energy to the cashless movement, but cash still isn’t going away. Too many people, especially the elderly as well as the unbanked and underbanked, depend on legal tender for their purchases. That’s because cash is easier to budget for and lets users shop with anonymity.
“In this increasingly digital world, cash continues to play a prominent role. Not only is the amount of cash in circulation continuing to grow, but it is doing so faster than GDP in the vast majority of countries,” according to a whitepaper, The Future of Cash, by Guillaume Lepecq, of CashEssentials, and Petteri Lillberg, of Demos Helsinki.